Ready for what you may ask……
The short answer is for whatever comes next. Regardless if it is positive or negative, do you have your house in order? Recent events both globally and locally have emphasized the harsh truth that most people do not. For most of us the busy nature of life seems to be a roadblock standing in the way of preparation. A lack of money is often used as an excuse for not taking care of the items which we know to be important. So, what are these items which are so important to have in place?
When tragedy strikes it typically exacerbates when someone is ill prepared. However, there are times when positive events can occur and we are totally caught off guard. For example, I have seen small companies get approached by larger corporations to be purchased. As much as that sounds like a dream come true for a business owner; the smaller company, with poorly organized records and bookkeeping, wasn’t prepared to demonstrate their value. In this example being ill prepared resulted in a missed opportunity.
On a smaller scale, I have seen opportunities missed to invest, take a fun trip, take advantage of a good which have been missed due to a lack of liquid money available. Placing your savings or investments into plans which are restrictive can sometimes result in missed opportunities. Obviously NOT saving at all will likely create a poor result as well.
Upon the death of Prince many people have begun to speculate about the value of his estate and how it will be distributed. Early indication/speculation is that like so many celebrities there were no definitive plans in place. According to LexisNexis, 55 % of adults in America do not have a will. So, while Prince was an exceptional artist he was totally normal as it relates to his efforts in planning. Being prepared is something that you address now. Age isn’t a determining factor regarding preparation. Recently, I have personally experienced several deaths close to me of which the oldest was 41 years of age. Clearly money in Prince’s case wasn’t the driving factor, so it must have simply been a feeling of I’ll get to it later.
The last 20 years of my career has been dedicated to assisting individuals and businesses with their preparedness. Being Ready brings a great sense of relief to you and your family. It isn’t only about preparing for the worst, it is also preparing for the best times.
Here is a list of the items we assist with to help our clients Be Ready:
We have the tools in place to ensure that You Are Ready. Our clients enjoy The Protection Savings and Growth Model and The Drive Planning Financial Dashboard. Take two minutes to view our short Video, Life In A Box, which explains The Financial Dashboard.
Whatever you do…. take the time to Be Ready! If you have any comments or questions please reach out to me directly or connect on-line via Facebook, LinkedIn or twitter.