Speaking of insurance...FYI....for you young fathers out there with young kids.
Re: $20k whole life insurance policy. (you can opt for $10k as well)
My son was <1 and my daughter was 3.
I bought and paid up front two whole life insurance policies for $2k each. It guarantees them $20K in life insurance for life, has capital appreciation over time, and they can buy/add additional insurance at the age of 18.
After losing my 9 year old niece it made me feel in a better life position and it guarantees them insurability for life.
Simply another common sense financial move.