Show notes
In Episode 4 about how to preserve your source of income by increasing your knowledge, skills, and having a strong work ethic.
Nevertheless, one accident or health issue can cause you to lose all sense of financial security.
Your parents and grandparents were truly on to something when they quoted Ben Franklin: "An ounce of prevention is worth a pound of cure."
In This Episode We Look At:
- Can your family survive a missing paycheck? How about several paychecks?
- Unplanned life events that can cause us to lose it all.
- Whether to self-insure or leverage the risk onto someone else.
Today's Resources and Links:
- www.SelectQuote.com- website for life insurance quotes
One Thing You Can Do Today to Improve Your Financial World:
- Grab some low-cost term insurance while you are young and in good health. This serves to replace the income your family is dependent upon in the event you leave this world.
- Bonus Tip: Avoid the Big Box retailers- go online (link above) and get insurance companies competing for your business; or get several quotes from your trusted financial advisor.
What Are Your Thoughts?
If you have a question or comment about today's topic, we invite you to share your thoughts.