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Financial Safety Net

Emergency Fund
If possible, always having enough saving to cover your living expense for at least six months in case of any emergency such as accident, illness, job loss etc.

Life and Health Insurance
Health Insurance - Having health insurance is very important. It protects you from any financial troubles in case you have any serious illness since you have no idea how expensive the medical bills will be. Staying couple of days in hospital with medical treatment may run you many thousands of dollars. More and more people in United States now have noticed the important of health insurance and start enrolling in health insurance program.

Life Insurance - If you have dependents, you should also considered having a life insurance, this is a financially protection to your family in case you die.

Long-term disability insurance
According to the U.S. Census Bureau, for every one out of five people in U.S. chances of becoming disable. Having long-term disability insurance can protect you from having financial distressing in case you become disabled.