Having a sound overall financial strategy requires you to recognize that your finances are in a constant state of change. Not only do financial markets fluctuate, but your financial needs also change over time. Luckily, it is easier to predict the changes in your financial life stages than it is to predict the direction of the financial markets.

Most individuals pass through three primary financial life stages as they age. Income levels, spending patterns, family situations and areas of financial concern, while not exactly predictable, tend to follow a pattern.

Your premiums are based on factors such as your age, where you live, type of car, gender, driving record and how much driving you do. Costs for auto insurance vary greatly from area to area and company to company. It makes sense to check out several companies when choosing.

Consider the premium levels and also the service level you can expect from the company. There are few things worse than not being able to get in touch with the insurance company after an accident or having to drive 50 miles to get your damaged car inspected or repaired.

The final cost of your car will depend on the price you pay and the financing you use. Your choice of car and your negotiating skills will determine the price. Assuming that you use an auto loan to pay for the car, the variables are the car's price, your down payment, the rate on the loan, and the length of the loan.

Included in this article are a couple of calculators that you can use to analyze your situation.

• Car Affordability Calculator
• Assessing Your Current Financing Situation
• Analyzing Different Options

Across the nation, schools, government entities, private organizations and financial institutions are working to increase public awareness about the importance of being financially literate for both young and older Americans alike.

Having a financially educated America will not happen overnight, but we have to start somewhere. How about starting with you?