We asked some of the top personal finance bloggers to give a short summary of their single best piece of financial advice. Five Cent Nickel responded:

Be sure to cover your ass(ets). As important as saving and spending habits are, true financial responsibility involves much more. It may sound boring, but there really is no substitute for things like proper insurance coverage and estate planning — and once you have these sorts of things in place, be sure to re-assess your needs periodically.

For more details, see Ten Simple Ways to Cover Your Ass(ets).

— FREE MONEY FINANCE

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