Monthly Archives: July 2023

FEATURE

Preparing for the Unexpected: Building an Emergency Fund as a Widow/er (Ep. 9)



Are you prepared with a designated emergency fund? As a surviving spouse with responsibilities for both yourself and possibly your children, having a reliable safety net can make a world of difference.

In this episode, Palma speaks with Richard Dri, a wealth advisor for the widowed community, to discuss how much you should be saving for an emergency fund, best practices for saving, and the importance of reassessing the fund during major life changes. They also discuss navigating the world of dating, and how  Richard turned to a popular dating app when he was ready for companionship after the loss of his wife. 

Join Palma as she chats with Richard about:

  • The significance of having an emergency fund for financial stability and peace of mind
  • Important first steps for preparing an emergency fund
  • How widows can navigate a single-income family dynamic on their own
  • And more

Resource:

Connect with Palma Polesel: 

Connect with Richard Dri: 


FEATURE

Widows/ers Essentials: Understanding Stocks, Bonds, ETFs, Mutual Funds and GICs



In this episode of My Widowed Life, Palma chats with Richard Dri a fellow member of the widow community and a financial planner. Together they discuss various investment options like stocks, bonds, GICs, and mutual funds and the importance of knowing your investment risk tolerance.

They also share how easily undetectable scams have become, how you can protect your personal and banking information, and why widows and widowers are often targeted.

This episode covers:

  • Canadian investment options and strategies for widows and widowers
  • What is an investment and what is not an investment
  • Why it’s beneficial to your financial health to avoid making big financial decisions during the first year of widowhood 
  • The importance of having a safe word to verify the authenticity of messages
  • Taking risks with investments and how different investments carry varying levels of risk
  • And more

Resources:

Connect with Palma Polesel: 

Connect with Richard Dri: