Insurance, the other Go Fund Me

Welcome back to week 5, I feel like we have known each other forever! I hope you enjoy reading these blogs as much I love writing them!

This week we are going to cover what for some, can feel like a tough topic…Insurance! But it doesn't have to be, especially given my experience as a former insurance broker.

Imagine there was a money press in your basement; its job was to print money; month in and month out.  You use your money press to pay the mortgage and other household bills, afford soccer for Scottie and piano for Penelope. The money press helps you afford your winter vacation and even bought an RV last year. 

If given the opportunity to buy some insurance on that money press to guarantee it never stopped producing, you absolutely would buy some- I mean what if your house burned down…. wouldn’t you want something to replace your money press?!? 

Or you could just go start a Go Fund Me Page- same thing, right? (NO!) Daily we are inundated with Go Fund Me pages; these are the folks that didn't plan and now suddenly YOU are the plan... 

I make light of it but really that’s really what you have with a two-income family; a money press creating cashflow month in and month out. To not insure yourself and your partner is short sighted. Doing so will ensure that the family’s lifestyle remains intact with the unexpected loss of a spouse/father/mother- that’s loving your family well.

Life insurance is a basic financial safety net; there are other types we will get into later that also can help eliminate the worry you feel late a night. If you haven’t put any insurance place yet or have some but haven’t looked at it in a few years, let’s chat!

See you next week where we will be talking about…. FitBit?!  Wait and see 😉