Life is full of surprises, and yet we plan as much as we possibly can around our goals and our wishes. No one leaves high school and goes to college with dreams of being broke; we all have our own bucket list of things that we want to achieve. Throughout life, events crop up that we all must prepare for, and there are a set of events that require financial preparation as well as mental and emotional preparation.

This is not a negative thing. Life is for making memories and we only get the one shot to do this. The majority of life events that we financially plan for are positive ones and we plan for them so that we can achieve as much as possible before we kick the bucket. Here are five of the most popular life events that people plan for throughout life.

#1: Marriage

Well, a wedding at least. Getting engaged is an exciting prospect as there is then a wedding ahead and a lifetime together. Couples are marrying later in life than they used to, and it’s not just wedding planning that takes the financial hit. Sensible couples tend to ensure that they prepare for a prenup, and those who are extra careful will always ensure that they have cash to one side for services like http://divorceattorneytulsa.net/. No one likes the idea of preparing for divorce, but it’s never a bad thing to be ready for anything.

#2: House

A house costs way more than just the deposit when you think about it. You have solicitor’s fees, stamp duties, emergency expenses and household expenses to cover, too. Make sure that you speak to a real estate agent before you buy anything, so you can ensure that you are adequately prepared.

#3: Relocation

After college is done, the world is your oyster and you can choose to work anywhere and be anywhere that you want. Sometimes this warrants getting your dream job in a dream location that you hadn’t initially thought about, and this can cost a lot of money. Financial planning should be done carefully here to make sure that you are covered in every eventuality in your emigration dream.

#4: Baby

Children cost money, big money over the eighteen years that you are responsible for them. People don’t just plan for the crib and the diapers, though, they plan for the life insurance they will need to take out and they start making plans for the time that they will take off work to be at home with an infant. It’s a lot of preparation and should be done as early as possible.

#5: Retirement

The end of your working life signals the start of a life of freedom, and you want to be financially secure for that. It’s a pivotal financial time in our lives and you should have been planning and saving for your retirement your whole working life for it to be the best it could be.

Life comes with surprises and while you can’t plan for them all, you can sure get a jump on things!