Something for our single readers from our friends over at BlackEnterprise.com:
If you’re among the more than 99 million single people in the United States, it’s vital for you to have your finances in order. Without a spouse to pick up the slack, you could be left in a financially vulnerable position if you were to lose your job. As we head into National Unmarried and Single Americans Week (held from Sept. 18 to Sept. 24), here are three mistakes singles make with their money.
Mistake 1: Having inadequate insurance””or none at all. Just because you haven’t had a cold in five years doesn’t mean you don’t need health insurance. Your health could change at a moment’s notice. Why take the risk of having a major accident or unexpected health issue and then being saddled with a hospital bill that could take years to pay off? In addition, singles should have long- and short-term disability insurance. If you are unable to work due to a disability, you’ll need to have your salary covered.
You can check out the rest of the list over on BlackEnterprise.com…
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