Dec 29 2008
Financial Prep for 2009
Given the current economic condition of our country, I think it is fairly safe to say that everyone is taking a closer look at their financial status. As a single parent, this becomes even more important. After all, it isn’t just yourself that you are responsible for anymore.
Therefore, over the next few weeks I would like to take each of the following items one at a time:
- Creating/Maintaining a Will
- Life Insurance
- Health/Disability Insurance
- 401K
- Roth IRA
- Emergency Fund/Savings
- Budget
I’m not a lawyer or even an accountant so please check with one or both of them to verify the choices you should make when finalizing your decisions but I will tell you what I did and why. Please feel free to tell me if you think I’ve done the right thing or if you feel I have erred in my ways.
I’ve recently decided that rather than attempting to manage my finances on my own, I’ve hired a financial advisor. The good news for you is that I am willing to share his in-site with you. Do you have an advisor for your financial future? In looking at the above items, how many do you have done? How many have you reviewed for 2009?
Amber
