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Your Financial Life Checklist

March 29, 2018

3 min read

Make sure your home is insured, whether you rent or own.

Get term-life insurance now.

✔ Refinance your student loans.

✔ Create a will.

Start saving for your future with Stash Invest and Stash Retire.

Item #1. Protect your stuff

Good news for homeowners and renters: It doesn’t cost a lot of money to protect your stuff. Homeowners or renters insurance protects all your valuables in case disaster strikes, and can even cover your living expenses if you have to be out of your apartment or home for a while.

No more forms, phone calls, and headaches. Now, you can get a policy that’s just right for you, right from your phone. You can get covered for a long list of things, including theft, fire, and third-party injuries, in less than 3 minutes. Yes, really.

Get Renters or Homeowners insurance

With Lemonade*, you can get a policy starting at $5 a month.

Get protected

Item #2. Protect your family

We get it. Buying life insurance seems like a really adult decision. But really, it needn’t be so scary. It can actually be a really easy way to avoid a lot of really big problems.

There are lots of different types of life insurance. Whole life insurance covers you for your entire life and has a cash value. Term-life insurance provides coverage over a specific period of time. This can be 10 years, 15 years, 20 years, or more, depending on what you choose. Term life insurance tends to be the cheapest option if you only need protection for your family and dependents for a specific amount of time.

A term-life insurance policy can provide a financial safety net for your dependents in case of your unexpected passing. Who are dependents? They’re anyone that relies on you financially (your kids, an elderly parent, younger sibling). It can help your family play the bills if anything should happen to you. This can include outstanding student loan debt, medical debt, or other outstanding expenses.

Here’s the good news: The younger you are, the more affordable your life insurance is likely to be. You can lock in a premium rate that will stay the same for the entire term of your policy, or you can lower your premiums later on by adjusting your insurance coverage as your needs change.

Get term-life insurance

Ladder* can give you a quote online in seconds.

Get a quote

Get term-life insurance.

Ladder* can give you a quote online in seconds.

Get a quote

Item #3. Create a will

Take control of what happens to your money, property, and the things you care about. You’ll need a will to manage your assets and help the ones you love once you’re gone.

A will may be the most essential document you’ll ever make. Creating one is easy and affordable.


Item #4. Refinance Your Student Loans

Student loans are a fact of life. In 2018, around one in four American adults are paying off student loans, with the average borrower owing

By refinancing your existing student loans you could see a dramatic reduction in your interest rate – lowering your monthly payments. And that can mean more money to put aside for your future.

You can check and see if you qualify for a better rate with LendKey*.

Item #5. Start investing for your future

Here’s the straight truth: You don’t need to be rich to be an investor. A little money, put toward a diversified portfolio of investments, each week over time can add up to a bona fide nest egg you can be proud of.

It’s easy to invest for long-term goals like saving for a down payment on a house while you’re saving for retirement. In fact, you can do it with Stash.

Stash Invest and Stash Retire are two different investment accounts (with unique tax advantages) that you can sign up with from your computer or phone. No forms, no hassle, we guide you every step of the way.

Already have Stash? Now you’re ready to put the pedal to the metal. Investing money on a consistent basis is easy when it’s automatic. New investor, meet Auto-Stash.

Start where you’re comfortable and scale up from there.

Sign up for Stash Invest. Start with just $5.
Sign up for Stash Retire. Open an account with just $15.

Investing, simplified

Start today with as little as $5

Get the App

By Lindsay Goldwert
Lindsay Goldwert is Senior Editor at Stash.

*  Stash is a paid marketing partner of Lemonade, Ladder, LendKey, and U.S. LegalWills. All content provided herein is for informational purposes only.


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