Mr. Hobo Millionaire

The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.

As I write this post, the world has been facing the COVID-19 epidemic for 6 months. I am on vacation looking at a white sand beach, listening to the ocean waves. The world has tried to “re-open”, but many are unsure if that’s the right thing to do and freedoms are starting to be limited again.

One of my favorite movies is called “Invasion of the Body Snatchers”. The fictional story-line oddly has a lot in common with COVID-19. The movie was first released in 1956. The basic story revolved around a virus that came from space, landed on earth, infected humans, and you had no idea who had it and didn’t have it (until it was too late — cue scary music).

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GoFundMe Is Not A Financial Plan

A couple of weeks ago, I ran across a story of a semi-famous radio host who had passed away. I didn’t know him, and I had never heard of him, even though many seem to know him. I’m not going to mention his name, because I won’t be pointing out very kind observations about him and his life.

The reason he jumped out at me was because of how many people have talked about the impact he had on their lives. He evidently spoke a lot about small business and entrepreneurship.

What others said about him…

I highly respected [person], listened to him every morning when he was on [radio station]. I spoke to him both on the radio and in person more than once. 

[Person] taught me a ton! Will be greatly missed…

Your heart toward small business and entrepreneurs was incredible. Someone should start a [The Person] Foundation, whose sole purpose is to help, encourage, and support small business and entrepreneurs.

What does this have to do with GoFundMe and Financial Planning?

He apparently had no net worth and no life insurance in place.

Yes, you read that correctly.

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