You can't always see life's financial curveballs coming, but we've got a few tips to help you make contact when they reach home plate. Have a few swings at these:

• Money on deck. A 6-month emergency fund in the bank sounds good, but how do you make sure you get there faster? Try to set up an automatic savings plan now and set aside a chunk of change each pay. Don't think, just do.



• Play budget "small ball." Many of life's small expenses can be anticipated (holidays, birthdays, tax time, etc). Expect the unexpected and set aside some cash.



• Get your clubhouse in order. Scan your financial status today. Consider getting short- and long-term disability insurance now (in case you need it later). And never lose sight of your 401(k), even if you happen to lose your job (see next tip).



• Play the job field. It never hurts to be in the "ready" position, no matter how seemingly secure your spot in the lineup. Update your resume and join professional networking groups – just in case.



• No debt, no foul: Work to pay off your credit cards today (make that yesterday) and pay down debt with higher interest rates first.

We can't guarantee every season's going to be a winning one, but we do know that a sound financial game plan is essential when life's curveballs come at you fast and furious. Batter up.

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So you decided to take the leap and buy the 1960s split-level? That's groovy. If you can put down a big chunk (20% plus), even better. You'll lower your interest rate and monthly payments and be that much closer to owning your home sooner. But what if you don't have the big down payment? Paying points is another way to potentially save.

Let's talk points:

• What is a "Point"? A point (as in 1 percentage "point") is payment made on the interest of the total loan at closing and typically paid upfront by the buyer (sometimes the seller). So, 1% of $100,000 = $1,000. With us so far?



• When to pay them. Generally, points can lower the interest rate on your loan and save you some dough if you're planning to live in the house for 10 or 20 years. Less than 5 years? Probably not. Another plus? If it's a residential mortgage (new, not a refi), you can claim points at tax time. As always, make sure to consult your tax advisor for more information.



• And when not. Obviously, paying points will tack on more costs at closing time. If you don't have the money saved to pay for them, go with the rate you were offered. It can take over 5 years to break even if you purchase points at closing.

Bottom line? Figure out your breakeven "points." Look at the amount you pay and figure out how many years you'll need to come out even. And make sure to talk to your lender or check out a good mortgage calculator online. Good luck and don't forget to grab the new garage door opener at settlement. That's one of the best parts.

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