In today’s fast paced society people seem to almost run on auto pilot. Many don’t even realize how close to a financial disaster they truly are. A number of things can tremendously impact a modern family. Such as; unexpected death, breadwinner being laid off, divorce, sudden medical expenses. Any of these things piled onto pre-existing loans or credit card debt would be crippling to ones financial situation. Accompanied with the fact that many families live a paycheck to paycheck life. They can be ill prepared for even the smallest of mishaps. Financial planning can make a world of difference, just a few precautionary steps can set anyone’s future on a new path to less stress in the scenario of an unfortunate event occurring.