5) All Their Eggs aren’t in One Basket
The first four points of this article are extremely important. They aren’t the type of options that you can pick and choose from. Every one of these boxes should be ticked. Making sure your eggs aren’t all in one basket kind of summarizes the first four points. To make sure all your bases are covered, your spouse should have a strong savings, a mixed portfolio, a trusted financial advisor on hand, and a budget. Keeping your money spread out in different areas will ensure that you’ve got a Plan B (or C, or D) in case the market takes an unexpected negative turn or you had to tap into your savings more than you’d planned. Maybe you’re having a tough time sticking to the budget you created. You can use any of the previously mentioned ideas to supplement your income. Keep your options open so you’re never facing a dead end.
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