Meerkcat compared

Meerkats compared. Simples?

Meerkcat compared

The meerkats advert (you know the one) that sings deep – very deep – into your brain is a beauty. I just love the cute meerkat and his loveable accent.

Compare the meerkat….it’s simples.

As the advert itself notes – they do provide a limited comparison of products that are available in the market place.

However, the truth of the matter is (as always) much less simple, and in fact much more complex. Just like  Life itself.

The reality is that insurance products are complex products. They are very specific contracts that offer certain specific benefits when specific events take place.

A headline isn’t good enough, the detail is where the action happens.

Should you compare online?

Absolutely! Online comparisons are a great starting point. They can provide some good information about some of the range and price of products.

Having visited an online shop, finish the comparison job and see a qualified, professional financial meerkat!

Financial Planner vs Meerkat

Because Financial Planners have a duty of care to their clients. They will consider just how well the product fits, and how suitable and appropriate it is for you and your family.

Like their animal world counterparts, good financial planners stand sentry to warn their clients  of approaching dangers.

When it comes to real life needs you may want to sing the meerkat song and then visit a real financial meerkat. It really is that simples!

 

oneinfive

Protection and Reward

oneinfiveYou know in Australia, almost 20 per cent of people have a disability and this number is only increasing with an ageing population!

Total and Permanent Disability almost always means that you are dependent on another for assistance for many daily needs.

Being a Risk Specialist in this Financial Planning world you can only imagine some of the excuses I hear about Insurance. BUT when the unexpected happens it is too late to re consider protection. Have you ever thought about not having choice? Trying to survive on the Government’s Pension or Centrelink? Not likely.

While caring for a family member with a disability can be very rewarding, it’s also a huge responsibility and, in some cases, a full-time occupation. Where do the funds come from? Affordability is having the funds available for care. Money alone is not the answer either.

A Financial Adviser is the person to not only organise the risk protection for you and your family but also the person who knows where to direct you to the specialist people you need to put the otherwise confusion together. We make it simple to understand, even thought it is a little daunting.

As Aussies, we are reluctant to consider the thought of not being free of will and decision. The mind-set changes because we like to think that we are OK and nothing is going to change our enjoyable lifestyle for the worse.

If you are a parent of a disabled son or daughter or if you were fortunate and had an Insurance Cover Payout on disability then simply leaving money or the balance of your estate to a family member with an intellectual disability may not provide them with an adequate level of financial support. In fact, it could do more harm than good. It could disqualify them from access to important Government entitlements. Not only that, but if the money is accessible or they are easily influenced, it could be spent too quickly and ineffectively given their long term needs.

However, by engaging a specialist estate planner and a professional trustee company you can help prevent this from happening. A specialist estate planner can help you structure your estate appropriately and will consider the following issues:

• Control and protection of financial affairs (for example ensuring ongoing income and payment of bills)

• Healthcare (who makes the important medical decisions?)

• Housing and wellbeing decisions (who decides on day-to-day expenses?)

• Lifestyle maintenance (what are their routines, likes and dislikes, etc)

By appointing a professional trustee, they can make important financial or medical decisions on behalf of your relative with an intellectual disability, when you are no longer around.

While it’s the requirements of the intellectually disabled person that are of significant concern, it’s also important to consider the other family members’ needs, including brothers and sisters. Having a clear and effective plan means that when the inevitable does happen, you can be sure that all the important issues have been considered and subsequently addressed and that there are clear processes in place to ensure continuing care as well as financial stability.

So who will look after your loved one when you are no longer around? This includes not only their financial affairs, but their personal affairs such as care and rehabilitation as well. It also raises the question, ‘who becomes responsible for that person’?

Quality of Life

Having a plan in place and appointing a professional trustee not only protects the vulnerable person and provides for them throughout their lifetime, but gives you and your family certainty and peace of mind.

Don’t leave it to chance, or to your family to work out, ask us today how you can plan for the future needs of your family.

Financial Advice and Planning gives individuals so much more…………..proper help to plan a decent future and guidance through the maze of information. Complete access to a person that fully understands the intricacies of your personal life and details and that of your families. Good, sound planning trickles down to your siblings. The trust and personal relationships are formed with the entire family giving them the opportunity to become guided to independent structured lives.

Being disabled is not always physical as it includes those mentally disabled. Not being able to function normally. Not able to work. Organisations like beyondblue http://www.beyondblue.org.au/get-support/find-a-professional are there to assist.

Having support in time of need is a catalyst to recovery. Having the funds to support you require in time of need helps with the recovery process. Imagine not being able to work then your funds deplete after your sick leave and holidays have been paid out then there are no other monies coming into the household. None, zero not a cent. That is enough to make a healthy person sick.

Life is precious and the people around are precious although at times, not appreciated. Implementing some control mechanisms with a healthy goal orientated plan along with having a Will and Estate Planning might sound too hard. I can assure you with an empathetic, understanding, professional Financial Adviser that knows the risks is a good person to know and hold you in a quality of life.

 

CityBay-1

City to Bay 2013

CityBay-1Congratulations! To All the participants, runners, joggers, walkers that completed the 12k’s or the 6k’s.

A special Congratulations to those wonderful caring people that pushed and ran or walked with prams and wheelchairs to help the young and those with Disabilities soak up the atmosphere. What an Atmosphere it was too!

At 7am the sky was grey and rain still dropping. Not the best conditions to be walking under. I braved the shower and pulled on my joggers and clobber. Made a big healthy smoothie and checked the weather forecast.

As we drove toward Kurralta Park the sky glimpsed blue. The thought rushed my mind that I was very happy that this year I chose the 6k walk from the starting point at Kurrlata Park K Mart Car Park as opposed to the 12k walk last year.

Turtle

Men, woman, kids, dogs, and spectators were gathered in arrays of groups, all waiting. There seemed to be more children involved this year. Great to see the kids out there in the fresh air, moving limbs, skipping and having fun.

With the delayed start came the occasional blustering gusts of wind. The start arch nearly collapsed on one side but quick recovery with the aid of ropes saved the arch.

Since 1973 the fun run has gathered momentum year in year out for 40 years. A Great Adelaide Tradition. If you have always thought about getting involved then Do It in 2014.   Make it a goal with a definite plan at http://www.everydayhero.com.au/event/city-bay2013

See my follow-on Blog about Australian People with Disabilities. Apparently there are almost 20% of Australians reliant of carers for disabilities.

Thank you to the Sunday Mail and all involved to make this 2013 another memorable event.

tired-runner-cartoon

Wooo! Wooo! Where’s the gear lever?

 

                                                                                                                                                                                                                                                                                                                                                                                 Made It!

 

 

 

 

 

Leukemia Awareness

FREE INSURANCE for 12 months!

Special Offer 2013

An Exceptional Offer – $250,000 of Child Critical Illness Cover worth $300.00

Children are supposed to have loads of fun! Play hide and seek, climb and run around in the play ground and jump puddles. Not all kids have the same vitality as they are too sick to join in the fun.

Anna, is a little girl who had just celebrated her third birthday in fine style. A party with her friends and family complete with ice cream cake, a visit from a fairy princess and of course, lots of pink.

Anna is a typical toddler, but over the next two years she faces a heart-wrenching battle to defeat the leukaemia she was diagnosed with shortly before her memorable birthday party.

Her story is not unique. We’ve all heard similar tales from within our community, and from friends and clients.

For the majority of us, protecting our family financially is a key consideration as, while no one wants to imagine their child getting sick, the facts surrounding childhood illness are sobering.

According to the statistics, more than 558,000 children aged 0 – 4 were admitted to hospital in 2007-2008 and 200,000 children fall critically ill each year in Australia.

According to the Children’s Cancer Institute of Australia (CCIA), on average, three Australian children die from cancer every week making it the largest killer of children from disease.

Of course, there is a great deal of research and work done to improve treatments with survival rates in Australia at about 75 per cent across all types of childhood cancer. This is a far cry from the rate prior to the 1960s, where childhood cancer was almost always fatal.

If your child suffered a traumatic event, it is natural for every parent to want to be able to try and create a situation where any additional stress is minimised in order to be able to be there to support the child.

Being able to take time off work to care for a sick child, without having the insurmountable pressures of worrying about work or earning an income, is truly a gift. It’s one that is easily obtainable if some forward planning has occurred first.

Most people mistakenly believe that private health insurance covers their family if there is a medical problem. However, private health insurance only covers hospital stays and some medical or extras expenses. It doesn’t cover rehabilitation, alterations to the home or long-term nursing care.

It certainly doesn’t cover lost income from time away from work, or payments such as mortgage, school fees or other additional expenses which still accrue – whether your child is sick or whether you can’t work while you’re taking care of them.

Ask me about the offer for the Child Cover option pays out a lump sum of up to $250,000 if something traumatic were to happen to a child. The flexi-linking enhancements can help make premiums more affordable by enabling clients to bundle insurance inside and outside of superannuation.

This new enhancement is available to clients via Super offering or for Self-Managed Super Fund (SMSF) members too.

Not all families require $250,000 criticla illness cover for each child either. Some may choose from $10,000 to $50,000 and others choose more but no cover in currrent times is probably not a sensible option especially with both parents relying on double incomes.

 If you feel that this is a difficult conversation to have about your child or children then please feel free to call for an empathic talk with me first.  You are most welcome.

marcia walsh's page @ AFD website

You can visit me on the AFD website  or  click here http://www.adelaidefinancialadvice.com/marcia-walsh/

 

manage your life

Human Beings – How do we manage every day lives?

manageyourlife-1Does it make any difference where we live?

Whether you live  in Australia or the USA some people do fine. Others not so well. And then there are those that stress.

Uncooperative children (you think came from another Planet)! Teenagers! In-Laws/Out-Laws, the family pet that escaped and all the fun things we take in our stride, have not been included in my definition of stress.

I thought the following captured some reality:

” When an event or situation – otherwise called a stressor – lasts for months or even years, chronic stress is the result. Caring for a loved one with cancer, being under financial pressure, or not having significant social contact with others can all lead to chronic psychological stress.”

But determining how much chronic stress impacts on your health is challenging, as every one of us responds differently to potentially stressful situations.

“Stress is when the demands of your environment exceed the coping resources that you believe that you have,” says Dr Mary-Frances O’Connor, psychologist and stress researcher at the University of Arizona. “So in all cases, there’s perception – perception of what the environment demands and perception of your own ability to cope with it.”

“Part of why stress research is difficult is that when you’re talking about human beings, there’s a subjective component,” says O’Connor. Even in bereavement, an area O’Connor has researched extensively, individuals have varied responses to the death of a loved one.

With no stressor able to be objectively classified as always stressful to all people, researchers must rely on personal accounts of feelings and experiences, and try to match them up with physical changes that occur.

Despite the challenges, clear patterns are emerging in how chronic stress affects our biology, and our health.

To read the entire article go to: http://www.abc.net.au/health/features/stories/2013/09/05/3841753.htm

Financial Planning is about putting the ‘fail safe’s’ in place for when ‘life happens’in your personal life or your buisness life.  Be you own personal guardian. Have your income protected to take the time off work for your self. Have your loved ones covered for Cancer, Heart Attcack, Stroke, to name a few of the things that happen in real life. This allows freedom with those extra funds. It makes available for quality care and extra medical and medication costs.

Finally, a Financial Planner, like me 🙂 is with you when there is the occurrence for support and comfort at time of Claim.  Safe Hands, Sound Advice.

 

bear cuddles

It doesn’t cost a cent!

bear cuddlesI could not resist making this part of this week’s post. Children need Cuddles.

It is a work in progress for those who have the time to take part. I see it as a beautiful gift that is a two way street receiving as much as the giving:

Volunteer: http://www.workingwonders.com.au/patient-services/cuddle-carers

Cuddle Carers are just what the doctor ordered for parents at Queenslands Royal Children’s Hospital, who can take some time out to make a phone call, check their emails or just catch up on some sleep, knowing their little one is in safe hands! Become a Cuddle Carer – If you live in Queensland.

I would love to know if any of other Children’s or Women’s And Children’s Hospitals have the same or similar Volunteer Progam? Please let me know via this post or to my email at AFD Financial Solutions

Our Children Are Our Future
Protection is available with Trauma Protection. If you have not heard of having Trauma or Critical Illness Cover for you and your family please call me soon.

Many a parent has their child hospitalised. As if that is not worry enough? Impacting this is the fact that one parent losses income because either one of them has to take time off work or leave their business, maybe even loose business.

Your child needs you. Protection is the key with Child Trauma/ Critical Illness Cover. If your child became ill tomorrrow how would you handle it? If intensive care was necessary, could you afford to be there with your child? Taking the time off work? Could you afford no income for weeks maybe months? Could you afford the Specialist medical bills?

Wouldn’t you prefer to be the one cuddling your child? It is unfortunate but children do get ill and it is very hard to cope. Don’t let money get in the way.