Community News
5 Questions About Your Finances

Money plays a huge role in your life. Being able to answer questions about your finances helps plan for the future and present. Start with these questions:

1. How much do I actually make and owe each month? Knowing when you get paid and how much you owe during the month can help avoid a month-end cash crunch.
2. If I need $500.00 for an emergency, can I get it? Prepare by having money set aside – just in case.
3. What happens if I die? Questions about your finances and wishes are best answered during your life; a will can help clarify things.
4. If I lose my job, what then? Make a plan, include an emergency savings account and updated resume.
5. What rates do I pay and earn? Aim to pay low interest rates and earn high on savings/investment.

LC Taylor Trustees in Bankruptcy, www.lctaylor.com

Share Button