Money 101: Helping Families Develop Soundly and Safely

Your car makes a noise on a Monday. By Thursday, you are $1,400 into a repair you did not see coming. That is the gap between "I have insurance" and "I am actually protected." Most people find out what their emergency fund should have covered right after the emergency happens.

Most families save for emergencies but skip the insurance that actually protects them. Here’s why insurance belongs in your budget — and how much you actually need.

Skipping insurance to save money often costs more in the long run — sometimes catastrophically. Here's what the math actually looks like when you factor in the real risk exposure.