our financial skills must now be sufficient enough to meet the many diverse fiscal challenges we must grapple with in our adult lives. This means that we need to have a sound working knowledge of what constitutes prudent saving, spending, borrowing and investing because we must increasingly look to ourselves to ensure that we will have the means and financial wherewithal to attain not insignificant life-goals-to raise our children to an independent self-actualizing adulthood, to pay for their educations, to keep a roof over everyone's heads, to cover present and future medical expenses and insurance costs and to ultimately have enough money left over so that, sometime around age 65, we will have a reasonably comfortable life in retirement.
Tags:
Medical Expenses
Insurance costs
Financial Skills
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