How to: Cover and Move (Financially!)
Cover and move is critical to a well-maneuvered military operation. Cover and move means teamwork. One member of the team lays down cover fire. This cover fire puts the enemy on the defensive, allowing the other person to move. Next, the roles are reversed: the person who moved lays down cover fire while the other teammate moves towards the objective. Fortunately, this lesson applies beyond the battlefield. Every financial decision is a conflict. Take an aggressive stance and apply this law of combat to your everyday finances!
Below is a graphic on how to cover and move at every stage of your financial life. In general, cash flow management, insurance, and estate planning will act as your cover fire, while goals, savings, and investments will be your moving soldiers.
Feel free to reach out with any questions – I’m here to help!
I learned Cover and Move (and many other excellent principles!) from Jocko Willink and Leif Babin’s book Extreme Ownership.