Our response to risk is dependent on our understanding of what is happening and the consequences of our actions or inactions. Think about how much life insurance you have. Are you confident your family would be able to sustain a comfortable lifestyle with that insurance cover?
Have you thought about your biggest financial risk? Is it losing money or getting stuck into unproductive investments? Maybe it’s allowing money to lie idle. When we worry about money, we worry that there may not be enough. So, how could you possibly tackle this vast risk?