Contingency planning is about creating a financial safety net. It's a proactive approach to managing unexpected expenses, ensuring you're not caught off guard.

Too much success too fast can cause all sorts of unexpected problems. This is why you always need to have back-up plans for unexpected downsides and unexpected upsides.

To simplify the future for yourself and your heirs, put a financial contingency plan in place. The peace of mind you'll get is well worth the effort.