A Week In The Life Of Another Wealth Coach: Like Sex and Magic

So you’d like an insight into a week in the life of another wealth coach??

This week certainly hasn’t been typical for me by any stretch of the imagination. However I fear it may be sign of things to come.

My father died recently. Although he hasn’t been a well man for many years, his death was very sudden and unexpected. It leaves me as carer for my sister Lynn. Now Lynn is exactly the reason why I began my journey with the Money Gym many years ago. I knew that one day I would need to care for an adult with learning difficulties and my expectations of “support from the system” suggested I should start to make my own provisions for being financially free and able to choose how I spent my time. Unfortunately the need has arisen a few years earlier than any of us anticipated so this week has been spent chasing solicitors, bank managers, filling in probate forms and inheritance tax declarations… tomorrow I’m getting advice on the legal and tax implications of being an executor of a Trust Fund…

What do I learn from this experience that I want to share with you?

Well, death is one of those things which although inevitable is usually unpredictable. My Dad has left his estate in a really very good state for someone to pick up on the important bits – and yet four weeks later I still find myself chasing information on tax paid, little sums of money in odd accounts and trying to identify the number of children born to my Dad’s deceased brothers and sisters.

Given that you never know the hour and that it’s almost certainly going to be when anyone least expects it,
- take time to get your affairs in order while you’re still fit and well,
- write a will and keep it updated
- have a conversation with your executors showing them where all the important documents are located…

My Dad filed all the routine stuff in files, wallets or filing cabinets. The really important stuff he kept in shoe boxes: it took us a little longer to locate these so I guess he figured that a burglar or casual thief would give up before they got this far!

Make me realise that I need to organise my affairs slightly more intuitively and, most importantly, leave something very nice and wicked, chocolates and/or alcohol, in a file to thank my executors for volunteering to do this on my behalf!

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“Relationships and The Credit Crunch” by Susanne Jorgensen

Nicola says: We are currently on holiday with ex-Money Gym and ex-mentoring client of mine, founder of The Singles Gym, Susanne Jorgensen, and as I’m feeling very lazy in my last few days, I asked her if she had a nice money orientated article for you.  Her first book “Get Real: Relationship Success Is An Inside Job” is about to be published this Autumn, via my publisher Bookshaker.com, so there is a nice rosy glow of achievement (and reflected glory) around her at the moment – she’s thrilled about getting her first ISBN number……..little things!

Relationship Coach Susanne Jogensen says:

“Everywhere you turn the words ‘credit crunch’ and ‘recession’ are being used.

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