Money and Investing to Avoid Financial Emergencies

Most of us do not have the disposable income necessary to take part in the stock market.  At the most we take part in the organization’s 401K program or similar investment vehicle.  With interest rates low at present and for the foreseeable future our retirement incomes are taking the hit, lowering our outlook for a comfortable retirement.  That is why it is all the more important you take the steps necessary to protect your current lifestyle and investments.  Gone are the days we can put our money in a 401K and not look at how our investment vehicle is performing.  We can no longer put our money in the bank without a plan for how we will treat our income opportunities from week to week.

Planning is a new skill we must adopt because the environment we are used to living in no longer exists.  We have to plan our life like we plan our work.  Disability insurance, life insurance, homeowner’s and renter’s insurance are just a few of the investment vehicles needed to protect your current income from the ravages or everyday emergencies.  Our bodies regenerate and heal and our houses and cars can be patched together to make it through rough times.  Our finances either come in or they don’t.  Investing wisely in protective vehicles can act as medical aid for our incomes.  Being prepared is worth more than just peace of mind.  If you don’t have a written plan for your personal life then you are subject to the emergencies you are likely to face.  Take control and make a plan.


About managingemergencies

I am a professional consultant with 30 years of experience in managing emergencies. My background and skills gave me the foundation to start Systems Emergency Preparedness Consultants. If you need preparedness training or would like to have a preparedness discussion for your employees contact me via email at I held various positions in the Prince George's County Fire/EMS Department until I retired in 2007. As a emergency planner and trainer in the Prince George's County Office of Homeland Security I planned exercises and training for government agencies and citizens groups. I was appointed Fire Chief of the Prince George's County Fire/EMS Department in 2009. I started Systems Emergency Preparedness Consultants in June of that year. I had the opportunity to become the Assistant Fire Chief - Operations of the District of Columbia Fire/EMS Department and served for a year as the Interim Fire Chief. I am a trained mediator, mediator team leader and trainer. I also served as the Fire/EMS Department Equal Employment Opportunity Officer.
This entry was posted in Advice, Commentary, Opinion and tagged , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s