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3. Who is providing for my dependents now?Have you considered if there is someone in your family that provides non-financial, but invaluable, support to those you care about? Think of the stay-at-home parent—they may not support their family with earned income, but the support they do provide is just as valuable as any paycheck. And if a stay-at-home parent were unable to provide that support, it would surely be expensive to replace. For this reason, when you develop your financial strategy, it's important to make sure that you account for all of the people who provide essential financial or non-financial support to your dependents. |
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