At some point in your life, perhaps as a result of illness, accident, or advanced age, you may lack the mental capacity to make or communicate responsible decisions about your own health care. Without directions to the contrary, medical professionals are generally compelled to make every effort to save and maintain your life.
Financial planning is a process that can help you reach your goals by evaluating your whole financial picture, then outlining strategies that are tailored to your individual needs and available resources.
Download a mobile app from your bank or a budgeting website and check your account balances daily. Keeping tabs on your spending will help prevent you from breaking your budget. To learn more, click here.