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3 Money Lessons From a Near-Death Experience
Manage episode 453207596 series 2815037
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In this episode, Shawn Terrell shares valuable money lessons learned from his near-death experience and strokes in 2023. He emphasizes the importance of organization, accessibility of important documents, and the necessity of disability insurance. Through personal anecdotes and practical advice, he encourages listeners to take proactive steps in managing their finances and preparing for unforeseen circumstances.
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Takeaways
- Get organized with your finances and important documents.
- Complete your estate planning documents as soon as possible.
- Store important documents in an easily accessible location.
- Consider digital assets and ensure someone can access them.
- Disability insurance is crucial for financial security.
- Keep disability insurance if you are financially dependent on your practice.
- Use slower periods in life to tackle big financial projects.
- Having a plan in place can ease stress during emergencies.
- It's hard to convey the impact of a near-death experience.
- Life lessons can shape our financial decisions moving forward.
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