22 min

How Effective Financial Emergency Planning Can Bring You Calm Smart Money Mamas Show

    • Investing

#021: Are you financially prepared today if something were to happen to you tomorrow? Financial emergency and estate planning often falls into that “important but not urgent” area of our to-do list that gets pushed off time and again. 
In today’s episode, I’m sharing everything you need to know about effective financial emergency planning so you can feel at peace knowing that your family is taken care of in the event of the unspeakable. I will discuss the different types of insurance most families need, wills and trusts, how to keep all of your financial records organized, and so much more. 
(02:56) Why establishing a robust emergency fund is a must 
(06:18) 5 core types of insurance most families need 
(11:18) Why, if you have children, you absolutely need a will to be sure your wishes are honored 
(15:49) The importance of creating a Family Emergency Binder 
(18:29) The purpose of a grab & go bag and creating a disaster plan for your family 
(21:11) Chelsea recaps the steps to an effective emergency plan 
Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/21 
Free Financial Emergency Preparedness Checklist: https://smartmoneymamas.com/financial-emergency-preparedness-checklist/ 

#021: Are you financially prepared today if something were to happen to you tomorrow? Financial emergency and estate planning often falls into that “important but not urgent” area of our to-do list that gets pushed off time and again. 
In today’s episode, I’m sharing everything you need to know about effective financial emergency planning so you can feel at peace knowing that your family is taken care of in the event of the unspeakable. I will discuss the different types of insurance most families need, wills and trusts, how to keep all of your financial records organized, and so much more. 
(02:56) Why establishing a robust emergency fund is a must 
(06:18) 5 core types of insurance most families need 
(11:18) Why, if you have children, you absolutely need a will to be sure your wishes are honored 
(15:49) The importance of creating a Family Emergency Binder 
(18:29) The purpose of a grab & go bag and creating a disaster plan for your family 
(21:11) Chelsea recaps the steps to an effective emergency plan 
Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/21 
Free Financial Emergency Preparedness Checklist: https://smartmoneymamas.com/financial-emergency-preparedness-checklist/ 

22 min