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Radical Personal Finance

592-Widowed With 12 Children and No Life Insurance! One Woman's Story.

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 15 October 2018

⏱️ 74 minutes

🧾️ Download transcript

Summary

What do you think would happen to a mother of 12 who was widowed at a fairly young age and whose husband didn't have any life insurance? Could she survive? If so, how?

Today, I want to share with you the story of a friend of mine who went through that precise circumstance. I hope you enjoy it!

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Radical Personal Finances, share dedicated to providing you with the knowledge, skills,

0:04.2

insight and encouragement you need to live a rich and meaningful life now while building a plan

0:08.8

for financial freedom in 10 years or less.

0:11.3

My name is Joshua, I am your host and today I'm thrilled to bring you a special story

0:16.4

from a friend of mine who we are sitting face to face. Her name is Anne and we're sitting here in her home.

0:22.1

And I've known Anne's story for a

0:23.7

while it's been inspirational to me and I thought how better to bring you something

0:28.0

really useful as far as a little bit of her story and how better to bring what better way to bring you a story of

0:36.2

unusual financial circumstances than the story of an older lady a widow

0:41.6

with 12 children whose husband died when, how old was your youngest at that time, Anne?

0:46.5

10 months.

0:47.2

So you had at that time, you and he had 12 children and your youngest was 10 months, your oldest was in her early 20s and he had no life

0:56.4

insurance is that right that's correct and I thought this would just be a a

0:59.9

great story and a very inspirational and encouraging story that I really wanted to share with my audience.

1:05.4

So now that I've given just a little bit of an introduction, I would love to back up a little bit.

1:10.0

Tell me the story of you and your husband, how you met, how you married, and how you came to build a life together.

1:16.1

Yeah, that's kind of a long story. Let's see what I can do.

1:19.7

I'll make it short. There was 15 years difference in our ages and when I was going to

1:30.9

the university. Now how do I do this?

1:36.0

Let's see.

1:37.0

I was taking a chemistry class that was very difficult for me because I wasn't good at math and my

1:45.0

chemistry partner was not any better than I was and he told me that I should get

...

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