The Most Overlooked Part of Your Financial Plan
None of us can afford to overlook the essential aspects that can completely derail our financial goals.
So, ask yourself this: How am I managing risk? Am I prepared for the unexpected things that can shake my financial stability at its core?
Building a foundation to manage risk starts with having adequate emergency savings and insurance coverage. It means taking the necessary steps for appropriate Estate planning as well.
Don’t rush to optimize your investments until you’ve got these BIG things right. Take care of the fundamentals.
⏰ TIMESTAMPS
0:17: Intro to Risk Management
0:38: Emergency Fund Savings Protect Your From the Unexpected
1:35: Insurance Coverage is Essential
2:00: WARNING: Watch Out for Expensive Life Insurance Policies
2:34: Estate Planning is NOT Just for the Wealthy
3:00: An Unconventional Aspect of Financial Planning
3:14: Payment Options for Long-Term Care
3:43: Subscribe & Outro
Subscribe to my channel for more informative videos that empower real people like you:
▶️ @therealpeopleadvisor
Join a community of everyday investors and learn more about our sensible approach to long-term wealth at:
▶️ www.sensibleportfolios.com
Connect with me:
LinkedIn ▶️ https://www.linkedin.com/in/lenaarmuth/
Instagram ▶️ https://www.instagram.com/sensibleportfolios
Facebook ▶️ https://www.facebook.com/SensiblePortfolios
#financialplanning
#personalfinance
#riskmanagement
#Money