You’ve very likely done all of the right and recommended things to prepare for the future: you’ve set aside retirement savings, you have life insurance and a will or estate plan. But how much do you know about the current reality of your finances?
It’s common for one spouse or the other to manage the family finances. However, the reality is that one or the other will be in the position at some point to manage the family finances on his or her own. How prepared are you? These 10 questions will help you take stock of where you are right now so you can be prepared for whatever the future brings.
