How do you feel about long-term care? Have you thought about this or does just the thought of thinking about it overwhelm you? Long-term care is a personal choice for each of us and it is important to have a plan or strategy for how you want to approach it. There are different ways to prepare for this, and the key is to plan ahead because it will give you the advantage of choosing the option that is best for you.
In this episode, The Millennial Money Woman, shares with us the importance of planning for long-term care and thinking about it now. She also shares some strategies that will help provide some peace of mind as it relates to overcoming long-term care costs.
The Millennial Money Woman, also known as Fiona, is a Certified Financial Planner, a Chartered Retirement Planning Counselor and she Co-founded a local community non-profit helping young professionals in personal finance matters.
What you’ll learn about in today’s episode:
- How exactly her grandparents influenced her financial journey
- The lessons she learned teaching financial literacy to underprivileged girls
- Factors to consider in long-term care and why we should pay attention
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↳Fiona’s upbringing and the experience/lessons she had around money [4:22]
↳How Fiona’s grandparents influenced her financial journey [6:38]
↳The lessons she learned teaching financial literacy to underprivileged girls [9:09]
↳The importance of wealth building and shifting from feeling selfish on building wealth to do in it with intention and understanding why you are building wealth [15:21]
↳What long-term care is [21:30]
↳Factors to consider in long-term care and why we should pay attention [23:13]
↳Strategies that help provide some peace of mind as it relates to overcoming long term care costs [24:24]
Resources From This Episode:
Fiona’s Website: https://themillennialmoneywoman.com/
Fiona’s Twitter: @The_MMW
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This Episode is Sponsored by First Republic Bank
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Abrazos + Much Love,
P.S. ¡GRACIAS por escuchar! THANKS for listening!
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The post, Helpful Ways to Save Money for Long-Term Care | HDM 271 appeared first on the Her Dinero Matters Podcast.