With all these storms and earthquakes and all kind of other natural disasters happening all over the place, how do you keep your family prepared and safe? What about the economy going down and you may lose your job? Have you prepared for that? A big thing is to have all your family affairs in order to make sure you don’t have to worry about that, down the road. I have a few tips to prepare ahead to keep your family safe no matter what will be thrown at you.
-
Have a Will. Is a very important thing to make sure in case anything happens to you the children are covered or anyone else for that matter, get your affairs in order to protect everyone down the road. Make sure the Will reflects your current wishes and assets. Without a Will, the State may decide who receives your property and what happens to your children.
-
Get Life Insurance. If you think “this won’t happen to me, I will always be there to protect my family”. Think again, you could be walking out the house pull down the street and get hit by a drunk driver and get killed, now what? Life Insurance at least will have your loved ones covered in case of a tragic accident.
-
Start saving. Grow your savings account one penny at a time. It will add up fast but in an event of an emergency you will be glad you prepared ahead and your family doesn’t have to struggle because of unforeseen expenses.
-
Get health Insurance; I know that is a HUGE expense for us each month, but in all honesty we could not afford a $10,000 Emergency room trip just because my Toddler tripped and broke her arm on a Saturday night. Health Insurance is defiantly something you should be looking into and trying to get at least some sort of Health Insurance benefit.
-
Start a 401K early; even if you just put $50 a paycheck in a few month from now, you will not even miss that $50 a paycheck but it will help save for your retirement. It will get here before you know it and then what? Prepare ahead start saving.
-
Look into a College Fund. College nowadays isn’t cheap, start looking into a pre-paid college fund while your little tike is still in diapers and slowly pay towards it; you will not have the HUGE bill come High School graduation and the move into the College World, yet you can provide your little tike with the education he/she needs.
There is so much more to prepare and keep your family safe and sound. What are some of your tips and ideas; how do you handle unexpected situations and Emergencies?
Did you know that half of Americans say they are under-insured? That’s 58 million* of us. And 70%* of people with kids under 18 say they would be in serious trouble if something happened to the primary breadwinner.
Experts say a good rule of thumb is to insure 5 to 10 times your income. It sounds like a lot, but it’s really not. Think about what you’re really worth. Life insurance will help cover the cost of your mortgage, medical & funeral expenses, continuing childcare, living expense and college tuition.
How many people would have to be hired to do all the things you do for your family? Salary.com estimates the average stay-at-home mom would earn $117,867 per year if she were paid for all the work she does.
Most people feel overwhelmed when they think about this stuff. Your local Allstate agent can talk you through your situation and help you plan for the future today. Allstate and their agents have been helping customers protect their families for over 50 years.
“I wrote this blog post while participating in the SocialMoms and Allstate blogging program, for a gift card worth $50. For more information on how you can participate, click here.
Share Your Thoughts