Every important step in life - raising a family, having a baby, starting your own business or other, is related to making financial decisions. For example, if contemplating marriage, keep in mind that you may need to buy or rent an apartment, buy household items, finance increased daily expenses, and more. Also, if you have a young family member, it is important to remember that your budget should include the costs of feeding and caring for them. To be prepared for each of such moments and to deal with all the new challenges easily, it is important to anticipate, analyze and plan the related financial issues in advance.
Being prepared for life events such as going to college, getting married, starting a new job, home remodeling, contingencies, preparing for retirement, changing health, planning a trip, caring for pets and much more, requires, among other things, financial readiness.
How can you prepare for these events financially? What questions should you ask to be able to accurately assess and duly manage the financial aspects of the most important milestones? More information on these and other issues is available on the Financial Education Portal (Text available only in Georgian).