Bermuda Islander - Step 14
INTRO – STEP14
Managing Risk, The Consequences and Resolution
Everyone faces risks and anxieties at some point in their lives, from job security to relationships, health issues, natural disasters, financial uncertainty and the like. Knowing how these all can occur and man- aging them is important to a having a secure handling of your finances.
The risk of living.
We live with fear, worry, and risk every day. We don’t think we do, but risk of losing some component of our being is there as a completely random event or within our control to manage and prevent.
Reviewing the risks, putting contingency plans in place, having a financial buffer, practicing good health habits, and purchasing insurance for certain risks can help in coping with unexpected disasters.
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