Personal finance isn’t always the exciting place that we personal finance bloggers seem to think it is.
While there’s something sexy about finding the right index fund for your Roth IRA, there are plenty of other unsexy things that you just have to do.
Unfortunately, some of the most important items related to your financial situation are often the things that are overlooked.
So, while it might be unsexy, here are 6 personal finance actions you need to take:
1. Create a Will
Thinking about death isn’t usually a lot of fun. But it needs to be done — preferably before it happens.
What will happen to your assets if you die unexpectedly? Who will care for your children?
These are questions that deserve serious thought, especially if you care about your family. Consider how you would make sure your children are cared for, and how you would make sure that your assets are distributed according to your wishes.