Women and Money: Unique Issues: Protecting Your Assets

Figure 1. Identify areas in your finances where you may incur unexpected costs, such as medical emergencies, car accidents, or other events. By having a plan to deal with these situations, you can save money in the long run. Credit: HuntstockProtecting your assets is similar to managing your risks. Managing risks means identifying and evaluating instances where you may experience a financial loss and then making a plan for how to deal with the situation. This publication shares some common ways you can protect your assets by purchasing different types of insurance, being aware of identity theft or fraud, and monitoring your credit reports. This 4-page fact sheet was written by Lynda Spence, Martie Gillen, and Diann Douglas, and published by the UF Department of Family Youth and Community Sciences, July 2013.