You may not think taking care of the things you already have is a way of protecting and building your wealth, but it is. When you take care of your existing assets, you protect your investment and your wallet. Taking the time now to do maintenance on your assets will save you time and money in the future.
Many women (myself included) run their cars into the ground because they do not have the time or don’t want to take the time to have regular and timely car maintenance performed on their cars. Most women, mothers especially, are so focused on what needs to be done they tend to take for granted the car that gets them there.
Our homes are another big investment that we tend to take for granted. We can become negligent of something as small as an air filter to as big as the home’s roof. When we fail to take the time to repair our window screens or deal with the ant hills, we waste extra time and money.
However, it’s not just the big things we lose track of, it’s the suit hanging in the back of your closet (or mine) that needs to be taken in (or let out) and hemmed. When that outfits hangs in your closet unworn because of needed alterations you are wasting money; the money you spent to purchase the suit.
Do whatever you have to do to make sure you take care of your current assets, because doing so will save you money, stress, and time. When you take care of the assets you already own, you enable yourself to save more money and have a better financial outlook.