How to plan for a worst-case scenario with your money - Business Insider

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How to plan for a worst-case scenario with your money - Business Insider
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It's tough to confront the what-ifs, but when you develop a playbook, you realize how much you still control

, that's temporary relief. It's unclear what lagging effects the coronavirus pandemic could have on our wallets in six months or a year from now.

Whether you're worried about job security, your or your family's health, or your ability to meet financial goals, Fry recommends a three step exercise:"For someone that's not working with a [financial] planner or maybe doesn't necessarily have theirbuilt out, just having these tough conversations and putting a pen to paper and writing down what your greatest fear is financially with this situation, with coronavirus ...

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