Thanks for voting!You can’t always see life’s financial curveballs coming. We’ve got a few tips to help you make contact when they reach home plate. Have a few swings at these pieces of advice:
Remember to keep some money on deck. A 6-month (or whatever amount you feel suits your personal situation) emergency fund in the bank sounds like a good plan. But how do you make sure you make it all the way there? Try to set up an automatic savings plan now and set aside a chunk of change each pay. Don’t think, just do. We’ve said it before and we’ll say it again- many of life’s small expenses can be anticipated. Holidays, birthdays, tax time, etc. come every year. However, we must expect the unexpected and set aside some cash. Scan your financial status early and often. Work to pay off your credit cards today (make that yesterday) and pay down debt with higher interest rates first.
Consider getting short- and long-term disability insurance now, just in case you need it later. And never lose sight of your 401(k) even if you happen to lose your job. It never hurts to be in the “ready” position, no matter how seemingly secure your spot in the lineup. Update your resume and join professional networking groups – just in case.
Of course, we can’t guarantee every season’s going to be a winning one, but we do know that a sound financial game plan is essential when life’s curveballs come at you fast and furious. Batter up.
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