Bob and Shawn cover an array of tools that you should always have readily available in your financial toolbox. Most of you listening probably have the essential tools at home for basic tasks – a hammer, screwdriver, drill, pliers, and a level. Just like there are essential tools that aid in 90% of tasks around the home, we also have essential “tools” that should be readily available when it comes to finances. Some of your financial toolbox essentials include having a safety net (i.e. savings) in case of emergencies. Other fundamental tools might be having the right life insurance for your family size, lifestyle, and current expenses. All of these and more are covered in this important episode on the tools needed for your financial toolbox.
