If you're single, you may feel like you don't need financial planning. After all, you don't have a spouse to worry about in the event of your death and budgeting seems like unnecessary work for a household of one.
However, neglecting financial planning could lead your parents to inherit your debt in the event of your death or could delay saving for retirement.
Financial planning can help you make smart decisions.
Financially secure on your own
Talk with a Modern Woodmen representative. Despite your age or other factors, even people who are single can benefit from financial planning advice from a professional.
Make sure you protect yourself with insurance. Don't leave your parents or guardians in debt if you pass away or become disabled.