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Some things you can do to manage the risks in life to reduce financial losses include having an emergency fund set aside and making a budget you can stick to. Also, being covered by short and long term disability insurance or insurance that's paid directly to you if you are sick and unable to work are options to consider. Also, investing in a retirement account is very important.

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Q: What are things you can do to manage the risks in your life to reduce any financial losses?
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