Back to School Defensive Driving Techniques

Updated:
August 30, 2019

It's that time of year again when the pleasant summer commute is back to normal as students and parents return from their summer breaks. That means there are a significantly higher number of motorists, bicyclists, and pedestrians to be aware of while commuting.

One way to ensure everyone is safe is to practice defensive driving techniques. Being a defensive driver means driving to prevent accidents in spite of the actions of others or the presence of adverse driving conditions. In other words, defensive driving means that you are ready for any and all surprises on the road.

To avoid accidents by practising defensive driving, follow a three-step process of seeing hazards, understanding potential defences and acting in time.

See the Hazard

Think about what may happen as far ahead of you as possible, and never assume that hazards will resolve themselves before you reach them.

Understand the Defence

Review a potentially hazardous situation in your mind after you see it so that you can act quickly and in plenty of time. This will allow you to formulate a defence that will prevent an accident.

Act in Time

Once you see a hazard and decide upon a defence, you must act immediately. The sooner you act, the more time you will have to avoid a potentially dangerous situation.

Defensive driving requires the knowledge and strict observance of all traffic rules and regulations applicable to the area you are driving in.

It also means that you should be alert for illegal actions and driving errors made by others, and have a willingness to make timely adjustments to your own driving to avoid an accident.

Safety First

By keeping safe driving techniques in mind, you will learn how to modify and tailor your own driving behaviour to the unexpected actions of other drivers, bicyclists, and pedestrians on the road.

By doing so, you'll be ready for unpredictable factors such as light, weather, road conditions, traffic patterns, and mechanical troubles.

All of us at Scrivens would like to welcome all the students a safe "Back to School" time and to all the parents, be the example of defensive driving for your kids.

FAQs

What is financial advising?

Financial advising involves providing guidance and advice to individuals, families, or businesses to help them make informed decisions about their financial matters. This can include various aspects such as investment planning, retirement planning, tax planning, estate planning, and more. Financial advisors analyze their clients' financial situations, goals, and risk tolerance to create customized strategies that align with their objectives.

Why is financial planning important?

Financial planning is crucial for several reasons:

Goal Achievement: It helps individuals set and achieve financial goals, whether they are short-term, such as buying a home, or long-term, like funding a comfortable retirement.

Risk Management: Financial planning addresses risks by considering insurance, emergency funds, and other protective measures.

Budgeting and Saving: It promotes responsible money management through budgeting and saving, fostering financial stability.

Wealth Building: Effective financial planning can lead to wealth accumulation and the creation of a secure financial future.

Can financial advisors help with debt?

Yes, financial advisors can help with debt management. They can assess your overall financial situation, create a budget, and develop strategies to pay down debt efficiently. They may also negotiate with creditors on your behalf, provide debt consolidation recommendations, and offer guidance on prioritizing and managing debt repayment.

What exactly does a financial advisor do?

The specific responsibilities of a financial advisor can vary, but generally, they:

  1. Conduct a thorough analysis of a client's financial situation, including income, expenses, assets, and liabilities.
  2. Develop personalized financial plans based on the client's goals, risk tolerance, and time horizon.
  3. Provide investment advice and portfolio management services.
  4. Offer guidance on retirement planning, estate planning, tax planning, and insurance.
  5. Monitor and adjust financial plans as needed based on changes in the client's life or market conditions.
  6. Educate clients on financial matters and empower them to make informed decisions.
What is the average fee for a financial advisor?

The fees charged by financial advisors can vary widely based on factors such as the advisor's experience, the services provided, and the region.

Common fee structures include:

Hourly Fees: Advisors charge an hourly rate for their services.
Flat or Fixed Fees: A set fee is charged for specific services or a comprehensive financial plan.
Asset-based Fees: Fees are a percentage of the assets under management (AUM).
Commission-based Fees: Advisors earn commissions on financial products they sell.
Combination of Fees: Advisors may use a combination of the above fee structures.
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It's important to discuss and clarify fee arrangements with a potential financial advisor before engaging in their services.