This is a sponsored post on behalf of Responsival. All thoughts are my own.

Turning forty is an interesting time of life. For many, it is quickly realized that half of someone's life has passed them by, and while there's still much more of life to live, it's time to start buckling down and getting serious. Maybe you just want to be set for retirement, so you can live comfortably, or maybe you want to set things up for your children and grandchildren. Either way, here are some important financial steps to take in your forties.

Work with a Financial Advisor

A Financial Advisor is a wonderful person to have on your team. You have insurance people, an accountant, a Realtor, and many other professionals you can trust to help you make the best decisions possible. Adding a Financial Advisor will help you get your finances in order, and make plans for the future. They're fully equipped to help you know where you stand financially, and help you get where you want to be. 

Get Life Insurance

You may or may not have life insurance by the time you turn forty. My parents actually added life insurance for me and for my sister when we were small, and we took those policies over as adults. My husband has his own policy, which he took out for himself after college. Having term life insurance is so important. There are lots of wonderful life insurance companies out there, but it's important to go with one you can trust. This insurance is there if you need it- if the unthinkable happens, you or your loved one will be financially protected. When my uncle passed away suddenly (many years ago), my aunt was able to pay off their home, and make several needed repairs to the home, thanks to the life insurance policy they had. If you are looking to get a jump on setting up for your future, check out instant life insurance through Gerber Life.

Don't Overspend

Many adults have built up a fair amount of savings by the time they reach their forties. If you are one of the lucky ones who have been able to do this, and to keep that money when inflation has been at an all-time high, hold onto it! Money goes so quickly these days, with everything being overpriced. Do what you can to keep saving. Shop at thrift stores for vintage apparel that looks to be on trend. Meal plan and only buy the groceries you need to make your meals. Avoid going to stores where you will want to browse the aisles and grab things you don't need. The best tip of all- stay off of social media, a culture that encourages overconsumption. Take it a step further and commit to the No Spend Challenge. See how long you can go without buying things you don't absolutely need.

Plan for Your Future

So many adults get into mid-life with little to no idea how the next thirty years of their lives will go. Get a planner, or make your own through Canva. Jot down all of the things you want to do. What do you need to save to meet these goals? You can make your dream a reality, but you have to put in a bit of work to make it happen.

What steps have you taken toward a secure financial future?

We'd love to hear from you- share with us in the comments below or join the conversation on our social pages.