Formulate a Financial Plan

Know Your Net Worth

Manage & Minimize Debt

Accumulate Assets

Budget to Live Within Your Means

Understand Investing Basics

Plan for Retirement

Insure People & Property

Deal with Financial Advisors

Review Your Employment Contract

Make Plans for Your Estate

Make Good Decisions


You may want to ensure that termination circumstances are clearly spelled out in your employment contract. This can provide you with protection against being fired unfairly. Of course, with specific circumstances detailed in your contract, there’s a good chance you’ll lose your job without any recourse if you fail to live up to your documented responsibilities.

Be on the lookout for overly onerous termination clauses. For example, suppose you’re being told your contract is for two years, but there’s a clause stating you can be terminated with 60-days’ notice. In reality, you don’t have a two-year contract—you have a 60-day contract! You could conceivably move your entire household to some remote region, only to be given notice that in 60 days your employment will terminate. To protect against this, you could request that the 60-day notice clause can only be triggered after one or two full years of service.