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Are You Prepared If Your Income Stopped Today?

Last Updated: June 12, 2017 BY Michelle Schroeder-Gardner - 6 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

This post is brought to you by LifePreserve.

As a personal finance blogger, I have posted on the importance of health insurance and reasons you need life insurance.  I’ve written on car insurance and homeowner’s coverage.  I have even talked about the advantages of pet insurance.  But this is the first time I have posted on protecting how you pay for everything you have and do – your income!

What can stop you from earning an income? 

You could lose your job. 

This can be frightening, especially if it happens when you are not planning on it.  How will you pay your rent or mortgage?  What about money for food and other essentials? Will you be able to keep your health insurance?  What about your debt obligations like credit card or student loan payments?  Savings only go so far and once you have depleted them, what next? [Read more…]

6 Comments
Filed Under: Writers2 Tagged With: Budget, Disability Insurance

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My name is Michelle and I'm the author/owner of Making Sense of Cents. Learning how to save money and make more money changed my life. It allowed me to pay off $40,000 in student loans, start my own business, and I now travel full-time.
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