Nov 2, 2015
Tune in to this week's Key Number Six: Hope for the Best, Plan for the Worst as host Heather Wagenhals offers specific financial techniques to help your financial habits become healthy money management skills.
Listen every Monday morning on the Libsyn Platform where you’ll find our featured Key for the week from Heather’s Keys To Riches™ Financial Wellness Series.
While I remain optimistic about my financial future, I am keenly aware that a catastrophic event may occur me or my family that could materially alter my financial picture, so must be prepared for the unknown.
I am prepared for any financial situation that life may throw at me.
I commit to planning for alternative scenarios that may challenge me or my family.
Key Action Item:
Sit down with yourself and significant other, if you have one, and list all of the worst possible outcomes that may beset your family. Things like:
These are just some examples of things you can anticipate and create plans. Having an alternate plan of action is like the insurance policy you pay for and never use.
The Keys To Riches™ Financial Wellness Series is a baker’s dozen of financial concepts that teach you how to think like the rich and be in control of your own money. It also gives you specific techniques to create or fix your credit, eliminate debt, save and invest, building wealth and happiness holistically, all while transforming your current financial habits into healthy money management skills.