Personal Finance Series: No 29 - What To Protect, What To Put First, And When

To varying degrees, people understand that it is important to think about protection. When it comes to managing the personal finance family budget, of course the most familiar aspect of protection is insurance. It isn't, however the only thing people think about when processing the 14 ways the brain thinks about money. Finance protection includes insurance, but it also includes expenditure on childcare, elderly care and other obligations, such as maintenance, alimony, and child payments.

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