Family $$$ Matters… An Introduction…

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Yesterday in my post about the Ugly side of Nature – Part 2, I reflected my thoughts on the Christchurch earthquake… Ever since the earthquake happened last Tuesday, in watching the developments unfold and pondering the ongoing ramifications to people in New Zealand – to simply provide themselves with the basic necessities of life such as food, clothing, shelter & sanitation – it has caused me to think long and hard about how prepared my family would be if something similar were to happen to us. As I established yesterday – we are simply not prepared.

I also discussed yesterday working on an emergency supply kit this week as one way I can be better prepared for the risk of a future natural disaster… But my thoughts haven’t stopped at just this… I mentioned that I had something else planned to help me get prepared for the future- and this is it…

One of the major things that it’s been obvious is a problem for the people in Christchurch, (and likewise any disaster), both in the short term initial survival phase, and the longer term rebuild phase, is the issue of money. Firstly it’s needed in the way of cash reserves to buy necessities, while there is no power, amenities are down & general life as they know it is drastically different. Secondly it will be needed in huge proportions to rebuild their lives. Even IF they have insurance to rebuild their homes/businesses, they may no longer have an income if their work has been demolished. How will they survive day to day? How would I survive? How would you survive?

So this week I’ve really felt the need to reexamine my risk management strategies in our life – in all respects, not just for this scenario. Heavy I know!! …
I don’t know about you, but I usually try to avoid thinking about this particular area! It’s not nice to think about it, it makes me feel gloomy – and quite frankly I’d rather just bury my head in the sand. But this week I’ve decided it’s time to address it… I have 2 beautiful girls relying on me for their protection, and therefore I need to step up and be responsible and get myself prepared for unforeseen events, natural or otherwise.

As I’ve thought more about this process, I have also felt compelled to share the process with you… It’s totally outside my normal realm for this here crafty journal – but I just feel strongly to…
… So if you don’t mind I’m going to take a brief break from posting my crafty endeavours this week, and post about addressing my risk management process instead… There are lots of different topics I plan to cover… The main ones…

**  Financial goal setting, Financial management/budgeting, risk management etc…

Prior to having children I worked as a consultant for New Zealand Home Loans, helping people with a Personal Debt Management System and helping them get out of Debt Faster. I learnt a lot of valuable really practical stuff during my time there, and we are good at using some of it in our lives to great success. But it’s time to reexamine my whole process, keep risk management more in mind and update it. It’s some of these practical tools that I learnt as part of my role as a consultant that I plan to share with you over this week, in several different parts…
…It’s my process, definitely not a tutorial or by any means financial advice (so play nice – no suing allowed 😉 )… and it’s definitely a work in progress… but maybe some of it might be of some help to you too…
                … So stay tuned…

As always I really value your feedback…

3 COMMENTS

  1. L O V E ! ! !

    I am awaiting this with baited breath Kat…
    Due to the floods and bush fires this summer I was only just pondering this to hubby – do we have anything in place if the unexpected were to happen?

    Xxx

  2. Love where you are going with this!!

    Talk about a wake up call all these disasters have had….I look forward to seeing what strategies you suggest 🙂
    xx

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