Protecting Your Family

Yesterday, the money guru we’ve all grown to know and love Martin Lewis’ latest tip shared his views on just how important protecting your family from future “unpleasant” things is. You can read this article here.

He was referring to death, divorce and dementia, what he called the 3 Ds, those things that people don’t want to think about happening right now as they go about life.?However, as he points out the financial and emotional cost of not planning for these things can be high.?

This struck a chord with me personally as a single mum of 3 kids who had to go through a financial restructure recently myself when I suddenly realised that everything was now on me!?No pressure eh haha.?However, what Martin Lewis is saying is right and I realised that if something happened to me, I’d want to know that I could live the remainder of my life to the fullest, spending my money on completing my bucket list instead of worrying about paying my bills, or that my estate would be sorted quickly and that ultimately my children would be as ok as possible.

The truth is that we massively undervalue the emotional impact that having to deal with these types of issues have, when they happen, and we haven’t planned for them because we don’t force ourselves to think about these clouds of doom.?Dealing with death, divorce and dementia is emotional enough without the unnecessary worry of dealing with the associated financial aspects. ??

It’s doesn’t need to be all doom and gloom though you’ll be glad to hear as there are a number of ways that you can protect your family for the future and my team can help you with this.?If you haven’t stopped to plan for these things, or if you’ve experienced significant changes in life such as change of job, had more children, are going through a separation or would just like us to review your current arrangements then please get in touch today. ?We would love to help look after your family.

Get in touch with our team by calling 0141 471 4545 or visit mortgage.yourexpert.co.uk and we'll be happy to help.

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