An article today in the El Paso Times of Texas, Common money mistakes, had an article today that gave Long-term care insurance an honorable mention.

“Former Pittsburgh Steeler coach Chuck Noll had a famous expression. He said champions aren’t champions because they do anything extraordinary, but because they do the ordinary things better than anyone else,” said Greg McBride, a senior financial analyst with Bankrate.com

The story goes on to inspire us that we should manage our financial portfolios with the same vigor as an NFL team. The article goes on to talk about how every family needs an emergency backup plan.

“What does your family or spouse need should you become disabled or lose your life?” Spiker asked. “If you wait until you’re not healthy, you may not be able to get life, disability or long-term care insurance.”

The point is: look into long-term care when you are healthy, not when things have deteriorated and you need it, for that is too late.