Most people know they need sound financial management. It starts with establishing a budget and then using it to set and meet financial goals. There are short-term and long-term goals, and it takes hard work and discipline to achieve them.
But in the course of planning finances, many people overlook a safety net. All your plans and hard work can disappear overnight if you don’t have the correct safeguards in place. Insurance provides a stopgap to disaster. But what insurance is important to incorporate in a sound financial plan?