So now is the time for some belt-tightening and change to a simpler lifestyle. You will never know when the current crisis will directly hit and affect you and your family so it is always best to be ready. I have friends and relatives who had to take paycuts to be able to continue working and some were unfortunately laid off. I guess I really still should be thankful that I still have some sort of money source to help keep our household from buckling in.

We do lack something – that is the security of the future. We live from day to day and we really need to secure some parts of our future for our kids. There are term insurance quotes I can look over – but many people are advising us not to really invest on insurance policies right now given the crisis on the global financial market.

There are things worth investing for though – health insurance plans so we are covered for in any emergency, college insurance plans for the kids if the policy has the option for a cash-out, the better. We are just holding out for now because my mom and uncle, who are both insurance agents, advised us that with the rate our inflation is rising, the investment we will be doing now will be practically worthless by the time we can enjoy it.

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