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Personal Finance Checklist: Are You Truly Financially Secure?
They say money can’t buy happiness, but financial security? That’s a different story.
I didn’t realize the importance of financial security until life threw me a curveball. One unexpected event, and suddenly, I was scrambling for money, juggling bills, and regretting my past financial decisions. That’s when I decided to create a Personal Finance Checklist — a simple guide that would ensure I never faced financial stress again.
The question is: How many of these boxes can YOU tick?
1. Do You Have Medical Insurance?
I still remember the time my friend had a sudden medical emergency. Without insurance, he had to borrow money at high interest, pushing him into a debt spiral. A single hospitalization can wipe out years of savings.
Lesson: Get yourself and your family a good health insurance plan. It’s not an expense; it’s a necessity.
“Health is wealth, but protecting wealth requires insurance.”
2. Do You Have Term Insurance?
I once believed that life insurance was for old people. Until I saw a family struggle after losing their sole breadwinner. Term insurance ensures…
