Managing the Biggest Financial Risks

with Jen Sapel

“We want to be able to be at choice with money.”

Financial risk is a part of life and business, but we need to be smart about those risks.

This week’s episode of the Profitable Joyful Consulting podcast is all about empowering you to prepare better for the five most common financial risks we as women business owners may encounter.

Inside, my guest Jen Sapel shares how to protect yourself, your family, and your business. Her stories are riveting. And the statistics? Ugh, they’re eye-opening: We already know that 50% of marriages end in divorce.

But how about this one: “In our adult working life, there’s a one in four statistical likelihood of having a long-term disability lasting 90 days or longer.” Yikes!

Key areas discussed in this episode

0:00 Introduction
3:17 The 5 major risks you need to be aware of
9:10 What if someone dies?
13:48 How to financially prepare for a personal or business divorce
23:34 What if you’re disabled and can’t work?
32:20 What if you get fired by a client or want to take a sabbatical?
36:25 How to financially prepare for a potential lawsuit in your business or personal life
44:03 This nontraditional asset that’s as important for you to have as insurance