Seven Ways to Stay Financially PreparedWays to Stay Financially Prepared;

I talk a little about how much you need in this post, but if you have a steady job and 3 months worth of expenses would also cover any insurance deductibles- this may be right for you.

Underwritten by Tristan James Jr.

I’ll set the scene. Here I am at one of my first post (ish)- covid girls dinner party. I think it was a French theme, put on by my friend Liz. While chatting away, I mention that I work as a finance coach. As per usual, this drums up some conversation and questions.

This evening a new question popped up: ‘But Genevieve, how do I stay prepared. The future gives me anxiety and I find it hard to prepare for things I don’t know are coming.’

“I don’t have a crystal ball and even the expert psychics in New Orleans can’t tell you exactly what financial obstacles and opportunities will be available in the future.”
GENEVIEVE

The question becomes, how do we prepare for the unknown? Will I snag that 7 figure job? Will my parents need my help? Will I finally buy that farm to house all the dogs I want to rescue? Will I be able to take a 6 month tour of the world? So many questions and very few answers.

It’s said that living in the future gives you anxiety and I agree. That’s why my strategy is all around covering the basics and providing flexibility for the future. This is something I recommend to clients too.

Seven Ways to be financially secure;

But before I do that, is there anybody like me? Who would like to throw in some ter**r $hit? Whether as CCs or DCs? Solid question. A whole blog+worthy question. So, here’s the deal.

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Here are the following steps, below,

1. Have enough cash on hand for emergencies.

2. Focus on your health. If 2020 taught us anything it’s that being healthy = being wealthy.

3. Insure your physical assets. Take it from a lady whose lived in 3 hurricane strike zones- stuff happens when you least expect it.

4. Start with your goals now because- newsflash- you can always tweak them later.

5. Have more than one income stream. If you’ve lost a job you’ll understand. If you haven’t, learn from those who have.

6. Insure your non- physical assets. If you’re investing, how can you create a safety net?

7. Have access to funds. Yes, I mean credit.

Let’s dive into these items and figure out how we can ditch the anxiety around money and start living for today.

Seven Ways to be financially secure;

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