Episodes
Thursday Oct 28, 2021
(#185) Money Can Bring A Peace Of Mind
Thursday Oct 28, 2021
Thursday Oct 28, 2021
While death may be the most common thing among us, it is probably the least discussed topic. Unfortunately, many families gloss over the service-related costs until death comes knocking on the door. So here's why preparing for your untimely demise will make it a lot easier for yourself and your family.
This episode is a replay of Doctor TK's virtual party together with the Facebook group community— Manifest A Profitable Mental Health Business. Listen as she highlights one significant event in her life that shaped her views on generational wealth.
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Podcast Goals:
- Recognize the importance of financial planning to prepare for your own death
Episode Timeline:
- How Doctor TK's household shaped her money mindset (02:12)
- Her grandfather's medical journey (08:36)
- The funeral was well-planned out that it was done in less than 7 days (15:47)
- Major aha moments from this experience (23:53)
Standout Quotes:
- "My grandfather believed in paying for things in cash. He believed that we shouldn't have to pay interest for anything. He believed in having assets. He believed, we learned this hindsight, in generational wealth." (13:41)
- "I learned very quickly that a GoFundMe is not the way that you wanna leave generational torture to your offspring, or your family members, or the general community." (20:26)
- "If you choose to wait to pay for things at the time of a death, it can double or quadruple per the mortuary and separately where you're being buried. And a lot of people don't think about that because we're so focused on getting money right now." (21:41)
- "When I pass away…. when I get super old, I want people to celebrate me and not fight over me." (24:39)
Resources Mentioned:
Connect:
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On Youtube: @Doctor TK
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