What is Exposure?
Financial planning often doesn’t take place on a beach. But the next time you find yourself there, try this experiment, courtesy of management and motivational guru Stephen R. Covey: You’ll need a mason jar and an assortment of big rocks, smaller gravel, sand, and water.
Having an emergency fund may help alleviate the stress and worry associated with a financial crisis.
When it comes to managing your personal finances, there’s plenty of complex advice out there. But often, simpler is better.