This is part of a sponsored collations with Prudential and DiMe Media. However all opinions expressed are my own.
I’m not going to post about food today. Instead, I’m going to about money. You know, that green stuff we love to have? Saving and making the right investment is important. Everyone knows it, but who actually does it? It’s like not eating that extra piece of cake or going to the gym 3 times a week. We know what we should do, but we never do it. This Prudential Women Inspired talk that I went to was no coincidence. I was at the right place, at the right time.
Recently, I had something crazy (more like CRAZY!!) happen. I’m not going to get into too many details because you can’t look back at bad stuff. Bad stuff happens, and you must move forward. In short, my husband’s father was moved to an end of life facility, and with that, our lives changed. This has been an emotionally draining experience for both of us. We went from paying $6000/ monthly for his retirement home to $14,000/ monthly. I must share these number with you because they are important. We’re talking 2016. What will those number be when we get old? Are you financially set for that?
This Prudential Women Inspired Talk with Patrice Washington from the Steve Harvey Show gave me some awesome tools to help plan for my family’s future. We talked about money and investing. Stuff that normal people don’t like to talk about. We were mostly women (maybe three men in the audience) talking about empowering women with the financial solutions and the confidence to make the right decisions for ourselves and our families.
As a Latina, I strongly believe in helping my family. My father is blind, as some of you know. I must help him especially as he gets older. I left the Prudential Women Inspired Talk and called my brothers to discuss what we’re going to do our parents. The time clock is ticking!
I also left the Prudential Women Inspired Talk thinking about my son. He’s 9 and happy, but anything can happen. In my family, we have brain problems – brain cancer, brain hemorrhages, brain tumors. My 20-year-old cousin died just a couple of weeks ago from a brain hemorrhage. I have to seriously think about building up an emergency fund. Plus, I don’t want him owing massive debt because he went to college.
Then, there’s retirement to think about. What does that mean exactly? I don’t know. I’ll have to talk further with my husband once he returns from the emotional roller coaster ride that happens during the passing of a loved one. Talk about a wake up call. Sorry for no awesome food pictures, but I felt passionate in sharing this with you. No matter what your age is, you can take control of your financial future.