Ep.22 - Four Financial Safety Nets You Can’t Afford to Ignore

Most people would rather insure their phone than spend money on financial protection for themselves. And who can blame them? Those products feel dull, complicated, and like money down the drain… until the worst happens.

In this episode of Juggling Mind and Money, Steve Rowe and co-host Keely (stepping in while Jess is away) tackle the essential but often ignored subject of financial protection. With wit, real-world examples, and a few sharp warnings, they reveal why protection is the unshakable foundation of any financial plan.

You’ll hear:

• Why skipping protection is like building a house of cards. Your retirement plans, travel dreams, and goals for your kids all collapse without it.
• The harsh truth about state support. From statutory sick pay to bereavement benefits, the safety net is thinner than you think.
• The four protections every family should understand. Life insurance, income protection, critical illness cover, and private medical insurance—what they are, why they matter, and how they actually work when you need them.
• The emotional side of money. Steve shares painful regrets about friends without cover, and why he believes financial planners should never ignore this part of the job.
• The psychology of avoidance. Why we’d rather play ostrich than face up to unpleasant truths—and how that puts loved ones at risk.

With a mix of practical advice and dry humour (including Steve’s take on “death wishes” and Keely’s sharp reminders for ostriches everywhere), this episode makes one thing clear: you don’t need protection because you might die—you need it because the people you love will have to carry on.

Key Takeaway: Protection isn’t glamorous, but it’s the single smartest move you can make to secure your family’s future. Sort it once, review it now and then, and hope it’s money you’ll never need—but if you do, it’ll be the best decision you ever made.