
130. Death, Finances, and Bouncing Forward.
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Joni Peddie shares her journey of rebuilding life after her husband's unexpected death while representing South Africa at a canoeing event in Hungary. She describes how having proper financial planning in place through an education fund allowed her to maintain stability for her two young daughters during an otherwise chaotic time.
• Joni had zero financial literacy when her husband died, not even knowing her housekeeper's salary or how to use an ATM
• Instead of "bouncing back," Joni trademarked "Bounce Forward" to guide her approach to rebuilding life
• Liberty's education fund was crucial in keeping her children in the same schools and eventually covering university
• Having both spouses involved in financial planning prevents dangerous knowledge gaps
• Financial planning should address short-term, medium-term and long-term needs
• Professional financial advice provides a comprehensive view that online products cannot match
• Regular financial reviews are essential as circumstances and needs change over time
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