No matter how much we plan, things can and do go wrong. Here’s how to prepare yourself financially.
By Gail Vaz-Oxlade for MoneySense.ca
The mouse in Scottish poet Robbie Burns’s To a Mouse on Turning her up in her Nest with a Plough teaches us a lot about what it means to expect the unexpected. The truth is, no matter how much we plan, things can and do go wrong (in the poem the plough turns a mouse’s nest to mulch) causing all kinds of problems.
So the question becomes, do you have a back-up plan? Most people don’t. And yet, it is only those who take the time to create a Plan B that weather storms well.