I like watching Breaking Bad. I was on to this program from the beginning, when critics just promised something good and it hadn’t gained such widespread fame.
If you don’t know much about the TV show Breaking Bad, you can just google it. At the core it is a complicated, gritty, sad, happy, and intense story of how one man, Walter White, decided to make a change in his life so he could provide financially for his family because he had been diagnosed with cancer. His choices were drastic and the impact, both negative and positive, significant
Whey am I blogging about this? Well, it has to do with money, goals, dreams, and choices.
I understand the value of insurance for a variety of purposes, including life insurance which creates an instant estate to provide for those left behind. Of course buying life insurance requires some awareness of the value of purchasing it, and must be done while someone is healthy enough to qualify. Life insurance companies wouldn’t stay in business if they took on someone like Walt after he had been diagnosed.
I have met with many clients over the year and helped them make life insurance purchase decisions and then placed them in an appropriate product. It sounds pretty boring when explained this way, so I was simply inspired by an article I read in a professional website. It draws a parallel between Walter White (a TV character of course, not a real person), his late life career choice, and how different things could have been with some insurance planning and purchase.
Please click here to learn more. A great way of tying things together and the Breaking Bad franchise presents the last episode this evening.
Until Next Time
What do you really want?
As a financial advisor, this is a question I spent a lot of time asking my financial services clients. The answer to this question is really where all things start in our personal, professional, spiritual, and financial lives. However, in our sound bite world most people seem to skip the first part of the process and jump over to making decisions and taking action, not always based on a foundation of understanding first “what I really want”.
What Do You Really Want is also the title of a book which is targeted to teens and written by Beverly K. Bachel. I didn’t know anything about this wonderful book until it was shared with me by one of a woman who works on a volunteer project we lead. Our activities involve some wonderfully talented young women who may not have always had the opportunities we had. So, the volunteers simply spend some time with the students and teach life skills. For the high school students who are seniors, Ms. Bachel’s books seems perfect. It formalizes the topics we have discussed over the last three years and gives them an easy way to roadmap their lives…based on their hopes, dreams, and goals. It encourages them to focus on what they want, not necessarily what their friends, families, or boyfriends want for them.
As I started planning how to compress all this wonderful information to make it meaningful in a lunchtime setting, I was struck by how valuable it is for not only teens, but for all of us. Parts of it mirror conversations and processes which are in my Financial Freedom Party for Women, A Little Book about Money for Women.
I encourage you to check out Ms. Bachel’s book ( mine too!) and consider sharing it/them with the young people in your life. Not only will they learn things and have a process to record them, you will probably learn a lot about yourself as you lead them through the book (s).
Until Next Time
When I was working full-time with clients in my financial services business (planning, analysis, insurance, and investments) I made an interesting discovery. The most emotional and misunderstood products were life insurance and long-term care insurance. It is just easier for some folks to deny that we may die at most inconvenient time, and that we may grow old and not be able to care for ourselves. I have heard all kinds of different viewpoints on the subjects!
I talk about the subject of both types of insurance in my book, Financial Freedom Party for Women, A Little Book about Money for Women.
Until you have a chance to order one, please take some time and educate—or re-educate yourself on a few myths and truths about long-term care and long-term care insurance. Just click here.
Until next time.