Kyle and linda are married with two children at home and a mortgage. kyle’s net pay per year is $32,000 and linda’s is $48,000. their monthly expenses are $3,500. kyle and linda each contribute 15% of their earnings to a retirement fund and they have $5,000 in savings. they also have a $100,000 life insurance policy on kyle, but none on linda. as their financial advisor, what part of kyle and linda’s financial plan would you encourage them to work on and why?

Kyle’s net pay per year is $32,000 and Linda’s is $48,000. Their monthly expenses are $3,500. They also have mortgage. $5000 are in savings.

Kyle and Linda each contribute 15% of their earnings to a retirement fund.

They also have a $100,000 life insurance policy on Kyle, but none on Linda.

As their financial adviser, I can say, that they are earning good and Linda should also have life insurance. Moreover they have mortgage and two children to look after, so first they should look after this and work for protecting their assets.

The savings are not enough for a family of four to support in case of emergencies for even 2 months.

-12 > a

step-by-step explanation:

-11 > 1 + a

subtract 1 from each side

-11 -1> 1 -1+ a

-12 > a