Are you ready when an untoward incident happened?
Sudden hospital visits, accidents, house repairs, major car fix, typhoons, disasters, or and unemployment.
Do you have money to spare if any of these things happen?
In case your answer is none, think again.
If you’ll be using your credit card, take out a loan or borrow money from other people is your solution, you might find yourself drowning in debt later on.
Did know that one of the top reasons for divorce is financial problems?
Even if you’re not yet married, money matters can definitely ruin a relationship. Managing your own money gives you a headache, what more if you already have to incorporate your partner’s finances?
It is difficult especially if your income is not enough to cover all your obligations, but why not look at it at a different mindset? Budgeting as a couple could be fun! This brings you and your partner closer and ensures you’re working on the same goal. Would you not be proud if you have successfully overcome the budgeting challenge together? It means you have become more matured and your relationship just got stronger.
Here are some tips to create a budget for a couple that works.
How was your 2017?
Congratulations if you have started saving or investing! If not, the good news is you can start all over again this 2018. It’s never too late to start working on your financial goals.
The new year is a great time to start.
Here are few things you can add to your financial new year’s resolution.
Are you prepared when an emergency happens?
Most Americans agree that people need life insurance. Yet only about 70% of Americans have one.
This is sad considering the benefits of having one, and the consequences of not having one.
Insurance is one of the things that’s so easy to put off, unlike health insurance that you know you’re going to need one of these days, or sometimes, almost immediately. But with life insurance, the future seems too far so it’s easier to think you don’t need one yet.
But the more time you put it off, the greater the risks.