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Financial setbacks, whether big or small, aren’t an uncommon occurrence for many working adults. Sometimes these setbacks are because of unexpected medical costs that aren’t covered by your insurance, or a car repairs after an accident. Sometimes they’re caused by a pay cut or the loss of a job. Regardless of the reason, many adults aren’t adequately prepared financially for such setbacks, as it’s nearly impossible to predict when things go a little sideways. The key is to ask yourself what you plan to do to help prevent financial dire straits in the event of a setback, and▸ continue reading
Many say that children are a blessing, and in the words of Whitney Houston, they’re our future. The excitement of the prospect at being a parent is unlike any other feeling, but when it comes to starting a family, the potential financial stress can edge out some of that excitement. As of 2015, raising a child from birth to age 18 can run a family about $230,000, so starting a budget and making necessary preparations is a great way to get a start on your family planning in a less stressful way. Here are a few tips to help▸ continue reading