How does purchasing sufficient health insurance and disability insurance help protect and maintain your wealth?
Answer to relevant QuestionsHow do your financial goals fit into your financial plan? Why should goals be realistic? What are three time frames for goals? Give an example of a goal for each time frame. What is liquidity? What two factors are considered in managing liquidity? How are they used? How does life insurance protect your wealth? Who needs life insurance? Discuss some methods for maintaining and protecting your wealth. What is the insurance trade off? Explain how the Sampsons’ budgeting affects all of their other financial planning decisions.
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