Subscribe
Share
Share
Embed
A random Tuesday afternoon can change your life for the foreseeable future. Are you ready? Let's talk about how being prepared is like giving yourself a permission slip to live your life without fear.
Strategies for your financial future. Complex topics made simple and actionable, so when it comes to your money, you're making smart decisions.
The following program is sponsored by JT Financial Group which is solely responsible for its content. Securities offered through J.W. Cole Financial, Inc. (JWC) Member FINRA/SIPC. Advisory Services offered through J.W. Cole Advisors, Inc. (JWCA)JT Financial Group and JWC/ JWCA are unaffiliated entities.
Josh Tirado: Welcome to the
making smart decisions podcast.
I'm your host, Josh
Toronto, and today's title.
I'm going to affectionately call
when life smacks you in the face.
Now I did a podcast a long time ago,
where I referenced a quote from Mike
Tyson about being punched in the face.
But this is a little different.
This is more about the you're minding
your business on a mundane Tuesday
afternoon, and all of a sudden
something major in your life happens.
Are you prepared?
Are you ready?
This was brought to mind.
I was on a call with a client this
morning, she mentioned that her husband
also client of mine had been in a car
accident not doing anything reckless,
literally sitting stopped at a stop
sign, other person driving incredibly
fast through residential area, being
reckless blows her stop sign, loses
control of the vehicle, T-bones my client.
And now.
Several days in the hospital, several
weeks later, several surgeries has a
couple of months of rehab ahead of him.
He will be okay.
Thank God.
He will be okay.
But several months of rehab needed to get
a wheelchair, need to outfit his house.
Again, like I said, several surgeries and
a long road, several months of recovery
and several months more to leave back to
a hundred percent, he didn't see that.
He was just going to the store it happened
he has a job where he has flexible time.
They are very understanding
they're working around it.
These clients well-prepared they have
savings through the job they have good
health insurance things will be okay.
But their life has majorly impacted
for the next several months.
And we both know him
getting T-boned like that.
Yes, he had several broken bones and
some things torn and multiple surgeries,
but it could have been much, much worse.
So that just really affected me this
morning and brought to light how quickly
life can change in the blink of an eye.
This is not some sort of avail attempt to
encourage you to go buy more insurance.
This is just a fact of life.
Do you have savings?
Do you have insurance?
Do you have a plan Do you have your.
Do you have a healthcare
power of attorney?
You have your wishes drawn out
if you are incapacitated, what
do you want to have happen?
If things go south and something bad
happens to you and you pass, what do
you want to happen at your funeral?
COVID really brought to light when
you start hearing more and more about
people that have passed away, not
just from COVID, but I'm telling you.
The famous people that young and
old to make the headlines, right?
Because they're famous people
for one reason or another,
you hear about them passing.
And so many times you hear, wow,
that person was still so young.
And a lot of times young people ignore
the need to put together the will and
their final wishes and that sort of thing.
But it's necessary.
So if you take a little time and it's not.
It's not, but it's more
affordable than you think.
If you take the time to go address
that and you take the time to work
as a professional to draft that and
you work with a professional like
myself to make sure your finances are
in order in case something happens.
We can't protect against everything.
It's life happens, but we can
still protect against a lot of
things and prepare and hedge our
bets and be in a good position.
Should something happen.
Devastating things happen all the
time and everyone thinks, oh, it never
happens to me right up until it does.
So this may sound a little more somber.
I want to get the energy up a little
bit, but just be aware of things happen.
And this is just a quick little reminder.
do your annual physical with your doctor.
You shouldn't have to pay for it.
Most insurance covers.
And you go get some blood work done.
You see your doctor.
A lot of people are like I want
to know what's wrong with me.
I, when I say a lot of people I'm
referring to actual family members
that I know that say things like
that, but you should know if there's
something wrong so you can correct it.
You can amend it.
You can cut off the past.
take your health seriously,
take your finances seriously.
And in doing that, think about this.
You take care of the financial.
You're working on your health, even if
you're not perfect, you're working on it.
You take her to the finances.
You take care of the legal side.
It should help you sleep better.
That is your permission.
Slip to go have fun, go enjoy your life.
Go do fun things and not be so
worried about, oh, what could happen?
Cause if something happens,
you've done at least, you've
done everything you possibly can.
And then go live your life.
It's an awesome permission slip,
and you're doing the right thing.
And it, and thinking about this
too, if something happens to you and
people I've heard this from clients,
I'm not worried about it because if
something happens to me, I'm dead
and that's a hundred percent true.
But if there's anyone that you love
or care for in your life, those people
are left behind in dealing with it.
So realistically, you're
doing it for them.
And the other thing is what if something
negative happens to you but you don't die.
You're now alive and
you're now dealing with it.
So some of you and your loved ones
dealing with it, I know this is heavy
stuff, but plan take your precautions
and then live your life with, without
that fear and go forth and enjoy.
But random Tuesday afternoon,
bad stuff can happen.
be prepared.
Shameless plug.
As you know, we do the podcast, I'm
here to help with a lot of that.
I can refer other professionals to you.
They can help with a lot of that.
You can talk to your family and friends.
See if you had a positive response
with somebody and they can probably
refer to you to somebody that can
help with these different topics.
But seek it out, make it a priority.
Don't wait until January 1st or January
2nd to say, oh, it's a new year.
I'm going to take care of these items.
Now start it now because with
how slowly things are moving in a
post pandemic world, it can take
awhile to get these items set up.
So start it now.
So we can be done by
the first of the year.
It can be done in January but
just take the first steps.
That's my public service
announcement for today.
Please be.
Thanks go forth and make
some smart decisions.