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 pilled onto preexisting loans or credit card debt would be crippling to ones financial situation. Accompanied with the fact that many live paycheck to paycheck and are 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 event of an unfortunate event.