Mark Evans DM recalls setting a $100,000 target at 18, then watching his grandmother die of cancer in 2005 despite having money. He argues most people plan finances while healthy, ignoring the medical crises that can devastate families. Build your safety net for worst-case scenarios.
We all had a number, right? I remember when I was 18 years old, sitting at my mom and dad's house, building a seamless gutter company, or one, I wasn't even building a company. I was just working to make money, calling in a company, is $100,000, right? That was my number, right? I was 18 years old. $100,000 would change my life. I wasn't clear on the $100,000. Should have said $100,000 net, because that's way different than $100,000 gross. But again, it's like, we just don't know what we don't know. But now as we've evolved, right? Like, you know, your number does change. I saw back in 2005 my grandmother die right before my eyes, literally, you know, super terrible cancer, blah, blah, blah, 2 weeks, dies. But like, if we had— if I had the wherewithal that we're sharing here today, it's like I didn't have— I had decent financial capabilities for where I was at, but I didn't have it for a medical situation for someone I cared about, you know? So it's something that drives me all the time. Everyone's making these financial decisions based off of good health moments. Like, dude, I have enough. I'm healthy. Yeah, but you're 42. You're going to be healthy forever. Oh, by the way, What about your mom? What about your dad? What about your grandparents? What about your in-laws? What about your kids? What about everyone you care about? What if they're not healthy and they have a $5 million medical emergency? Can you help them? You know what I mean? So let's build, let's overbuild for what we need for worst case scenario.
