The Financial Fire Drill FAQ
1. What is the Financial Fire Drill™?
The Financial Fire Drill™ is a structured financial preparedness plan designed to help individuals and families navigate unexpected financial emergencies. Just like a fire drill prepares you for a real emergency, the Financial Fire Drill™ ensures you have a clear plan for financial security.
2. Why is financial readiness important?
Most people have life insurance, savings, and investments, but few have a cohesive plan to access these resources when needed. This drill ensures you know:
Where key financial documents are stored.
Who to contact in an emergency.
How to secure your financial well-being under stress.
3. How does the Financial Fire Drill™ work?
It follows three core steps:
Identify Escape Routes & Resources – Locate financial documents and key contacts.
Lay Out a Walkthrough – Organize assets, policies, and emergency steps.
Create a Rally Point – Establish a communication strategy and action plan for your family.
4. Who is the Financial Fire Drill™ for?
It’s designed for:
Families looking for financial security.
Individuals wanting peace of mind in case of unexpected life events.
Anyone who values financial preparedness as much as emergency readiness.
5. What does the course include?
A downloadable PDF workbook to guide your plan.
18 self-paced modules walking you through the process.
Step-by-step instructions to ensure financial clarity and actionability.
6. How does this compare to traditional financial planning?
Traditional financial planning focuses on wealth growth and management, while the Financial Fire Drill™ ensures you have immediate access and organization in case of emergencies. It's a preparedness strategy rather than just an investment roadmap.
7. How long does it take to complete the Financial Fire Drill™?
The self-paced modules allow you to complete it in as little as a few hours, but it’s designed to be a living document that you can refine over time. Most participants complete the initial setup within a weekend.
8. What happens after I complete the Financial Fire Drill™?
Once you complete the drill, you’ll have a fully documented plan for financial emergencies. You should:
Review it annually.
Update it after major life changes (marriage, new job, children, etc.).
Share key parts with trusted family members.
9. What if I already have a financial advisor?
The Financial Fire Drill™ doesn’t replace your advisor; it enhances your financial strategy by giving you a hands-on emergency plan. Many financial advisors encourage their clients to complete this drill to complement their long-term planning.
10. How do I get started?
You can access the Financial Fire Drill™ course today. Take control of your financial security with just a few simple steps!