Happy 1st Birthday Son!!

Fatherhood at 48: A blessing!

But being a Dad in my late forties does come with a little more planning and thought process, especially when I’ve spent two decades in Dubai advising expats on their finances.

I’m a money coach, but also I’m a Dad. So, when it came to Mason’s future, I use Dad instincts with a touch of financial know-how.

Here was my most immediate list…

1. Wills & Guardianship:

Simply put, it’s the Dad in me wanting to ensure Mason is always in safe hands. Creating a documented and legal plan is just putting that fatherly instinct on paper.

2. Mason’s Little Nest Egg:

Because what Dad doesn’t dream of giving their kid a head start? Mason will have a pot of gold to dip into when he most needs it.

3. Grandparents Chipping In:

Grandparents, right? Always slipping a note or two when they think I’m not looking. So, we decided on a smart way to stash away their generous gifts for Mason’s future.

4. Double-Checking Insurance:

It’s that age-old Dad promise: “I’ve got you covered.” Life, illness and health insurance are just my way of making sure I keep it, rain or shine.

5. That Financial Legacy:

This isn’t about being morbid; it’s about ensuring Mason’s roof over his head and school trips keep coming, regardless of what the universe throws our way.

6. School Spots:

In Dubai, nabbing a good school spot is akin to getting a Friday night spot in the best restaurant in town. You bet I reserved Mason’s!

7. Medical Check-In:

Just a Dad wanting to ensure that from scraped knees to the sniffles, Mason gets top-tier care.

This isn’t a corporate strategy; it’s a Dad’s game plan. It’s me channeling all the love, fun, and occasional Dad-panics into ensuring Mason’s future shines bright.

So, to all my friends, clients, and colleagues: As I throw my story into the ring, have a think. What outcomes are you scripting? How are you preparing for life’s messy, wonderful moments with sound financial planning?

About Mike Coady

Mike Coady is an expat expert based in Dubai and is on hand to help with all of the above and more.

Mike is an award-winning money coach and industry leader in the financial sector.

Qualified to UK Financial Conduct Authority (FCA) standards, a member of the Chartered Insurance Institute, a Fellow of the Institute of Sales Management (FISM), a Fellow of the Association of Professional Sales (F.APS), a Fellow of the Institute of Directors (FIoD) and featured as a highly qualified Financial Adviser in Which Financial Adviser.

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If you need more advice, then contact Mike Coady today to discuss our solutions and how we can help.

Blog published by Mike Coady.