{"id":53,"date":"2009-05-19T15:08:43","date_gmt":"2009-05-19T15:08:43","guid":{"rendered":"http:\/\/blog.beliefnet.com\/yourdailyspiritualstimulus\/2009\/05\/a-few-days-ago-i.html"},"modified":"2009-05-19T15:08:43","modified_gmt":"2009-05-19T15:08:43","slug":"a-few-days-ago-i","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/yourdailyspiritualstimulus\/2009\/05\/a-few-days-ago-i.html","title":{"rendered":"Taking Care of Your Family’s Financial Needs"},"content":{"rendered":"

A few days ago I wrote a blog about End-of-Life-Planning<\/a>. It occurred to me
\nthat there’s more I’d like to share with you on that subject based
\nupon my personal experience. <\/p>\n

My father died very suddenly at the age of 50 from a massive heart
\nattack. He was from the South and had a deep love of all things fried
\nand camel cigarettes,without the filter. With his passing, my mother became a young widow and single-parent
\novernight. All he left her was a $10,000 life insurance policy, which
\nmy mother, who was financially na\u00efve, thought was a small fortune.
\nShe’d never had that much money at once in her entire life.<\/p>\n

 It took
\nless than a year for her to realize that financially, things were about
\nto get tough. Both my parents had always worked and pretty much lived
\npay check to pay check. Suddenly,  with only one income – and that of a waitress
\nno less, there simply wasn’t enough.<\/p>\n

I’m pretty sure my parents never even talked about planning for the
\nfuture or what would happen if one of them died prematurely. They
\nembodied what we refer to in Money Coaching as the classic Innocent
\nMoney Type. You may recognize some of these Innocent characteristics in
\nyourself:<\/p>\n

When it comes to money and personal finances, Innocent Money Types are:<\/p>\n