You’re not taking into consideration the ‘what-ifs.’
According to Woroch, “Many couples split household expenses but fail to discuss how those costs would be managed if someone lost their job or passed unexpectedly.” While it’s understandable that no one likes these types of talks, they’re essential for staying out of debt.
Talking to your partner about the ‘what-ifs’ might make you opt for a life insurance or disability policy that will definitely give you so peace of mind, Woroch added.
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