Here are nine fail-proof (奏效的) ways to ensure your family's financial well-being. What to Do Today 'Your dad's in a bad way. You'd better come home immediately.' In the days and months after Catherine Fredman got the phone call from her father's neighbor, the serf-employed writer and her sister, a college professor, agonized (感到苦恼) over their father's medical condition and treatment choices. But they never had to worry about compromising his care because of the cost. 'Thank goodness my father had bought long-term-care insurance,' Fredman says. 'He was in hospitals and rehab facilities (康复中心) for eight months recovering from Lyme disease. The long-term-care insurance paid more than ＄ 20,000 that would not have been covered by Medicare and his supplemental health insurance.' It's never too early to protect your family's financial well-being. Yet because most of us are so busy juggling work and family commitments, we tend to neglect the things that don't require immediate attention. Some day, we think, we'll take care of the three essentials —retirement savings, insurance coverage and estate planning. Unfortunately, emergencies can strike and then it's too late. 'Failure to plan is a huge mistake,' Barbara Raasch, managing director at Wealth and Tax Advisory Services, Inc., told me. How can you avoid the 'should have, could have, would have' scenario? By putting these three items at the top of your 'to do' list —protect your future, protect your family and protect your legacy. Protect Your Future The national savings rate averaged around 0.4% for the first half of 2005, according to the U.S. Department of Commerce, meaning Americans spent a whopping 99.6% of their after-tax earnings. Even more frightening, in July the savings rate dropped below zero. We all know we should save more. But with so many goals to save for —a house, the kids' college tuition, your retirement, occasional vacations and a small emergency fund —it's easy to feel there's just not enough money to de it all. 1. Budget. The first step is to create a budget. Once you know what you're spending your money on, you can figure out what you don't need to spend it on —and sock those savings away. 'Every month you have to pay yourself first,' says Joe Moglia, CEO of Ameritrade. 'Take a little out of your paycheck.' It doesn't have to be much —it could be foregoing that extra latte or getting the DVD free at the library. 2. Retirement. Just about every survey of American investors these days shows that retirement is a main reason for saving. Yet an astounding number of people ignore the opportunities offered by employment-based retirement plans. According to a recent survey by Aon Consulting, more than 20% of those eligible for a 401k plan do not participate at all, while another 53 % do not save at a rate high enough to take full advantage of their employers' matching contribution —the closest thing to free money in the retirement savings universe. Consider it money that grows without being taxed. 3. Emergency reserves. Many financial planners recommend that you have enough money in a savings or money-market account for at least six to nine months of essential expenses, including your mortgage or rent, insurance premiums, credit card payments, utility and grocery bills and other fixed expenses, such as car payments or student loans. And it's always a good idea to have cash on hand. During the blackout of 2003, the ATMs in my neighborhood were out, but we had about ＄ 500 in the house, enough to cover our immediate needs for a week or so. Protect Your Family A major illness, an extended disability or the loss of a job could wipe out your financial reserves and any prospect of being able to save enough to achieve your other life goals. Here's what you need to protect your savings: 4. Health insurance. A recen