Welcome to the Get Ready Money Club newsletter; a weekly newsletter with recommendations to help you succeed on your financial journey including one simple action item.
This newsletter is 1,747 words, a 7 minute read.
✅ Week 8 Action Item: Create a critical emergency action list.
🌎 The big picture: Do you know the steps to take in the event of an emergency?
🤔 Why it matters: Knowing the steps when there’s an emergency will help you know what tasks need to be accomplished so that you don’t forget anything important.
- During an emergency, you may have limited time to gather what you need, you may lose access to the internet, or you may realize you’re lacking certain supplies.
💡 Here’s what works: Create and update the list of the steps
you’ll take in an emergency.
- A one-size-fits-all action plan may not address all your family’s needs.
- It’s important to take the time to think through the steps that are essential to you and your family.
- Here are some things to include:
- Family meeting locations (primary and secondary).
- Evacuation procedures
- Know how to shut off water, gas and main electrical switch
- Communication plan. Have an out-of-area contact.
- Make sure fire extinguishers are accessible and how to use them.
- Monitor your smoke, carbon, dioxide, and other alarms.
- Know what you will need to take in the event of an evacuation.
😎 Bottom line: Life is uncertain, and things happen quickly. A critical emergency action list provides you a framework.
💭 Habit of the week: Detailed Focus. Consider what actions you would need to take in an emergency.
🤔 Question(s) of the week: What’s the #1 item that you are adding to your Critical Emergency Action List?
💁♂️ Advisor/Coach Corner: Check to see if your client’s critical emergency action list is up to date.
📝 Resources:
Get Ready Money Club Members:
- The Get Ready Discussion Guide. Discuss your Critical Emergency Action List and share what to add.
Get Ready Library and Toolkit members can access your resources for this week's action item (#8) from your Get Ready Library dashboard (located in Monthly Focus Area 2: Be Prepared):
- The Get Ready Blueprint week 8 worksheet where you’ll review the steps to create your critical emergency action list.
- Critical Emergency Action List worksheet where you can enter your critical emergency action list.
- Emergency contacts worksheet where you can list your emergency contacts.
Access Your Get Ready Resources here
The Get Ready Library expands on each week’s action item and provides worksheets to help you complete each week’s action item, create a to-do list, track your habits and organize your financial life. It also includes access to all of my books.
Get Access To The Get Ready Library
🙌 On this episode of The Get Ready Money Podcast, I was joined by Luke Rother, the Managing Partner at Yetworth Collaborative to talk about busting the top 10 life insurance myths and what advisors need to know.
Here are the myths we busted:
- Life insurance is only for people who are working/ people who have kids.
- Life insurance is too expensive.
- I have health issues, so I can’t get life insurance.
- Group life insurance takes care of life insurance needs.
- Always buy term, never buy permanent insurance.
- Life insurance policies are set it and forget it. You don’t need to review them.
- Life insurance is an investment (nope, it’s insurance with an investment component)
- You can be your own banker.
- Indexed Universal Life policies are a ‘scam’.
- Fee based products (no-load policies) are always better options than commission based products.
🎙️Watch or listen to the podcast (here).
The Get Ready Money Podcast is also available on YouTube and your favorite podcast app.
🏆 Honored to be a Judge for this year’s Money Awareness and Inclusion Awards (MAIAs)—recognizing the most impactful innovations in financial literacy and inclusion.
🌍 It takes more than good intentions to drive change. It takes expertise, global experience, and a deep understanding of the financial challenges people face every day. That’s why this year’s judging panel brings together leaders, educators, and past winners—all committed to making financial knowledge more accessible.
🔎 I’m excited to help spotlight the best ideas shaping the future of financial literacy.
📢 Meet the full panel here: maiawards.org/judges-2025
💡Transform your money mindset
🧐 Thanks to Brandi Taylor for the opportunity to join her on the Business Beauty Network podcast to share insights from The Get Ready Blueprint about how to take control of your finances and redefine your relationship with money.
🔹 The importance of understanding your money.
🔹 Why mindset is key to financial success.
🔹 How The Get Ready Method can serve as a blueprint for achieving your financial goals.
🔹 Practical tips for integrating financial products and working with advisors.
🔹 How to create a sustainable financial plan that works for you.
😎 Check out the conversation (Apple Podcasts).
📚 Unraveling Your Relationship with Money: Ditch Your Money Trauma So You Can Live an Abundant Life by Shannah Game
💭 Tony's Take: Healing your relationship with money can unlock greater financial freedom.
🧐 Overview: This book offers a guide to addressing deep-seated money trauma, breaking negative financial cycles, and building healthier financial habits.
🔹 Emotions like fear, shame, and panic shape financial behaviors.
🔹 Identifying past money trauma is key to financial growth.
🔹 Practical steps help create lasting financial change.
Source (Check it out on Bookshop)
🎙️ The Good Money Revolution with Derrick Kinney and Christine Luken on the Money is Emotional Podcast
💭 Tony's Take: Money can be a tool for impact when aligned with purpose.
🧐 Overview: Money isn’t just about accumulation—it’s about using it to create positive change. This episode explores how to align wealth with purpose.
🔹 Money can be a force for good when used intentionally.
🔹 Aligning money with values makes financial decisions more meaningful.
🔹 Giving strategically can enhance financial well-being.
🎥 (Watch on YouTube)
🎙️ Financial Intimacy: Understanding the Psychology of Money in Relationships with Ed Coambs and Ashley Quamme on the Planning & Beyond Podcast
💭 Tony's Take: Stronger relationships start with honest money conversations.
🧐 Overview: Money impacts relationships in ways we often overlook. This episode explores how to create deeper connections through financial conversations.
🔹 Financial intimacy strengthens relationships.
🔹 Understanding your partner’s money mindset improves communication.
🔹 Proactive conversations prevent financial stress.
🎧 (Listen on Apple Podcasts)
📖 The Power of the Right Question by Derek Hagen for Meaningful Money
💭 Tony's Take: The right question can shift your financial perspective.
🧐 Overview: The questions we ask about money shape our financial decisions. This article explores how thoughtful questioning leads to greater financial clarity.
🔹 Asking better questions leads to better financial outcomes.
🔹 Shifting focus from "what" to "why" can spark meaningful change.
🔹 Curiosity is a powerful tool for financial growth.
📖 (Read it here)
🎙️ Why More Americans Are Choosing The Child-Free Lifestyle with Dr. Jay Zigmont and Bernadette Joy.
💭 Tony's Take: Financial planning looks different for those without children.
🧐 Overview: This discussion explores how financial independence, retirement, and wealth-building strategies shift for those without children.
💭 Tony's Take: Financial planning looks different for those without children.
🔹 Financial goals can be redefined outside of traditional family structures.
🔹 Simplicity in financial planning can lead to greater flexibility.
🔹 Intentional spending and saving take on new meaning.
🎥 (Watch on YouTube)
🎙️ Will an Annuity Save Your Retirement? With Dr. Preston Cherry on the Life Money Balance Podcast
💭 Tony's Take: Annuities provide peace of mind by ensuring lifetime income when used properly. .
🧐 Overview: This discussion clarifies annuities' role in retirement, emphasizing their purpose as insurance against outliving savings.
🔹 Annuities offer guaranteed income in retirement.
🔹 They are insurance, not investments.
🔹 Understanding annuities can provide financial security.
🎥 (Watch on YouTube)
💖 Say ‘I Love You’ With an Estate Plan by Diana Cabrices for wealthmanagement.com
💭 Tony's Take: Estate planning is a lasting act of love.
🧐 Overview: Estate planning ensures your loved ones are financially secure long after you're gone.
🔹 A well-crafted estate plan prevents legal and financial stress.
🔹 Planning ahead ensures your wishes are carried out.
🔹 It’s about protecting and providing for future generations.
📖 Read it here
💡 100 Ways to Write a Condolence Card from Kathi Balasek
💭 Tony’s Take: Finding the right words in difficult times can bring comfort and connection.
🧐 Overview: Know exactly what to say when you are at a loss for words.
🔹 Knowledge in exactly what to write.
🔹 Confidence in knowing that you are helping.
🔹 Imagine how they will feel care and comfort.
📖 Learn more (here).
🎙 How to Avoid Common Divorce Mistakes with Rhonda Noordyk, Maggie Nielsen and Dr. Barbara Provost on the Women & Money: The Shit We Don't Talk About! Podcast.
💭 Tony’s Take: Smart financial decisions during a divorce can prevent long-term setbacks.
🔹 How to feel more financially confident during divorce.
🔹 Common financial pitfalls to avoid.
🔹 Steps to take control of your financial future.
🎥 Watch on (YouTube)
⚠️ Title: Top 10 Scams of 2024 from the National Consumers League.
💭 Tony's Take: Awareness of scams is key to protecting your finances.
🧐 Overview: Fraudsters are getting smarter—this report highlights the most common and costly scams of the year.
🔹 Fake prizes and sweepstakes were the top-reported scams.
🔹 Crypto and investment fraud caused the biggest financial losses.
🔹 Staying informed is the best defense against scams.
📊 (Read the full report)
📓 U.S. Insurers Face a Changing and Challenging Landscape from Fitch Ratings.
💭 Tony’s Take: Public policy, economic shifts, and climate risks are reshaping the insurance industry.
🔹 The impact of economic policies on insurers.
🔹 How climate change is driving up insurance costs.
🔹 What consumers should watch for in the insurance market.
📓 Read more (here).
📊 The FINRA Foundation’s National Financial Capability Study.
💭 Tony’s Take: This long-term study offers valuable insights into financial habits across the U.S.
🔹 How financial capability has changed over 12 years.
🔹 The role of financial education in better decision-making.
🔹 Trends in savings, investments, and debt.
📓 Check out the study (here).
Thank you for being part of the Get Ready Money Club. Please hit reply to share your thoughts.
Let’s Change The Way We Think About Money!
Tony
Want more Get Ready?
💳 Library: Go deeper on each weekly action item and access all of my books (here)
📰 Share this newsletter with a friend or colleague so they can change the way they think about money (here)
🎙️ Subscribe to The Get Ready Money Podcast so you never miss an episode (Apple Podcasts) (YouTube)
🤔 Quiz: Take the Money Empowerment Quiz and see where you are on journey to financial empowerment (here)
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💬 Join: If you’re passionate about changing the way we think about money, join The Get Ready Network on LinkedIn (here)
📚 Books: Increase your financial preparedness by picking up a copy of my books (Bookshop) (Amazon)
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