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Canna Campbell

πŸ‘€ Speaker
1473 total appearances
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Appearances Over Time

Podcast Appearances

How Do They Afford That?
The cost of putting it off

So, for example, I have the $1,000 project.

How Do They Afford That?
The cost of putting it off

And it's a diversified share portfolio.

How Do They Afford That?
The cost of putting it off

It's quite big.

How Do They Afford That?
The cost of putting it off

It's just under $400,000.

How Do They Afford That?
The cost of putting it off

And all the dividends, well, the equivalent of the dividends go to World Vision's 1,000 Girl Project project.

How Do They Afford That?
The cost of putting it off

What I wanted to is if something happened to me that that portfolio is held in trust and the dividends can continue on being paid to World Vision.

How Do They Afford That?
The cost of putting it off

Apparently that's not possible.

How Do They Afford That?
The cost of putting it off

So I'd have to basically transfer the whole portfolio over to a World Vision and if they wanted to they were at their discretion as to what they did with the portfolio could be sold down, which goes against my wishes.

How Do They Afford That?
The cost of putting it off

So I had that frustration that it's not what I want, I'm not happy.

How Do They Afford That?
The cost of putting it off

So I didn't want to proceed ahead.

How Do They Afford That?
The cost of putting it off

And I spoke to a few different people who said the same.

How Do They Afford That?
The cost of putting it off

If someone's listening to this and says, actually, I know how to fix this, please let me know.

How Do They Afford That?
The cost of putting it off

The other situation was, obviously, my number one priority is looking after Tom.

How Do They Afford That?
The cost of putting it off

Everything happens to me or my children.

How Do They Afford That?
The cost of putting it off

And my children or my children.

How Do They Afford That?
The cost of putting it off

But I also wanted to make sure that my parents were taken care for in my will, should they ever need to.

How Do They Afford That?
The cost of putting it off

They're financially independent, separate to me.

How Do They Afford That?
The cost of putting it off

But I just always wanted to have a bit of a backup plan that if something happened and they needed funds or they needed extra help or support, my estate could also take care of them.

How Do They Afford That?
The cost of putting it off

Yeah.

How Do They Afford That?
The cost of putting it off

And again, the advice was, you're making it too complicated.