The risks and hazards of everyday life can be reduced through varying methods. Financial planning can help decrease negative change, increase positive change and help individuals and families to adjust. Key Ideas Presented:Financial security is threatened by the risks individuals take which in turn are influenced by their attitudes toward self, family, work, law and society.Contingencies, such as a death in the family, the birth of a child, illness, war, a change of job, inheritance, a fire or a