Your most important asset isn’t always the most valuable or expensive asset. For some, it may be the $50,000 car, for others, a home worth $700,000 or a large share portfolio. .
If the car is your most important asset, then you probable take good care of it. You would also have spent a fair amount of time researching the best car and maintenance deal for you.
You will care and love this car. Most likely you will give it a wash and polish every weekend and take it in for regular services. You will also, no doubt, always make sure you use the correct fuel and oil to ensure that it runs smoothly. And believe it or not, you will most definitely have the correct type of insurance on your car in the event of an accident. You do this all for a piece of metal worth $50,000 that will decline in value over time and doesn’t return you an income.
What about yourself? How valuable do you think you are?
Have you ever considered that you and your ability to earn an income is your most important asset? This depends on your age and your capacity to earn an income for the next 20 – 30 years. You are also more likely to appreciate in value as you become more experienced in your line of work.
But, do you take greater care of your car than you do of yourself?
Do you go see the doc on a regular basis for a check-up? Do you watch your diet and make sure you have the right amount of exercise. All this helps to keep you healthy. And most importantly, are you insured for the right amount of personal insurance in case you are sick, injured or in an accident and cannot work?
Please remember, you are the most important asset, your ability to earn an income is worth more to you and your family than any car or property you own.
Take some time and make sure you have the right insurance to protect yourself and your family
