BloombergQuint's Big Decisions podcast gets you the insights you need to make big money decisions with confidence.
The new coronavirus pandemic, which has infected nearly a million people worldwide in just four months, stalled economic activities, put healthcare systems under tremendous strain and jolted financial markets.
It's a reminder, for many, of how quickly everything can grind to a halt. According to financial experts, this awareness of vulnerability can be used positively to be better prepared for the future.
Apart from the obvious safety nets — health and life insurance — Certified Financial Planner Arvind Rao said people should think of making a will. That's not only because of the current scenario, but also it's a good practice, he told BloombergQuint.
On this BQ Big Decisions podast, Rao talked about how to make a will, and why it is something that even someone in their thirties should consider doing.
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