Family Finances – This article is going to discuss how to make sure your family’s finances are protected during any potential crisis. When you think of family finances what’s the first thing that comes to mind? Is it budgeting? 529? A solid emergency fund? While these are important and a critical component of any financial plan, don’t forget to look at the entire picture. Like, what would happen if the primary income earner got sick and couldn’t work. Or what would happen to your children if both you and your spouse couldn’t look after them during a medical emergency? No one wants to think about these things. I sure don’t. But when we are creating a plan for a family finances, we would be doing a disservice to ourselves and our family if we didn’t have a plan for a potential crisis. So, how do you fully protect your family finances during a crisis? That’s what we’re going to discuss today. Some of these are obvious, but nonetheless important. As you read through each of these make sure you ask yourself, “Am I doing everything I could be to protect my family?” If not, don’t be intimidated. Use this as […]
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