DG Life Group

💡 8 Money Rules Every Kid Should Learn Early

Financial habits start young. The earlier kids understand how money works, the more confident and responsible they’ll be with it later in life.

Here are a few simple principles that can make a huge difference:

✔ Pay yourself first (save before spending)
✔ Know the difference between wants vs. needs
✔ Let compound interest work in your favor
✔ Avoid bad debt
✔ Track every dollar
✔ Build multiple income skills
✔ Understand how marketing influences spending
✔ Practice generosity and giving

Teaching kids these lessons early can help them build strong financial habits that last a lifetime.

🚨 Quick Question:

If something happened to you…
and your job disappeared tomorrow…

Would your life insurance disappear too?

Most Americans rely on the life insurance offered at work. And while it’s a nice benefit — it’s rarely a complete protection plan.

Let’s talk about it.

👍 The Good News About Work Life Insurance

Employer coverage is:

✔ Convenient (payroll deduction)
✔ Often low cost — sometimes even free
✔ Easy to qualify for (usually no medical exam)
✔ A solid starting point

For basic coverage, it’s helpful.

But here’s the part most people don’t think about…

⚠️ The Hidden Gaps

🔹 Coverage is usually only 1–2x your salary
🔹 It typically ends when you leave your job
🔹 You don’t control the structure of the policy
🔹 There’s no cash value or long-term strategy
🔹 It may not fully protect your mortgage, debts, or income

Example:

If you earn $80,000 per year and your employer gives you 1x salary…

That’s $80,000 in coverage.

Would $80,000 replace 5-10 years of income?
Pay off your home?
Fund your children’s future?

For most families, that wouldn’t even come close.

🧐Here’s What Smart Families Do

They keep the work coverage…

But they supplement it with a personal policy that:

✔ Stays with them no matter where they work
✔ Can be structured for long-term protection
✔ May build cash value (if designed properly)
✔ Fully covers income replacement needs

Your job shouldn’t control your family’s financial security.

You should.