Generational Nobility & Future Planning ft. Andy Kovacs (#028)

Philotimo Life

As we continue our Media Partnership series with The Legacy Expo, Maria welcomes financial expert Andy Kovacs to the podcast. Andy, the founder of Moments of Truth Insurance Services, brings a wealth of knowledge and personal experience in the financial services industry, inspired by his father's career during the 1980s recession.

In this episode, Andy shares his journey into financial services, discussing his unique approach to financial security and the innovative concept of "generational nobility." He explains how life insurance can play a crucial role in securing a family's financial future and debunks common misconceptions surrounding it. Andy also presents his insightful four-stage model of life, offering a fresh perspective on financial planning across different life stages.

Listeners will gain valuable insights into:

• Andy's personal journey and the inspiration behind Moments of Truth Insurance Services
• The concept of "generational nobility" and its impact on future financial security
• The importance of establishing financial security early
• The benefits and misconceptions of life insurance
• Andy's four-stage model of life: learning, earning, yearning, and burning

Check out Andy’s work:

• Moments of Truth Insurance Services – https://advisor.sunlife.ca/andy.kovacs/
• The Legacy Expo – https://thelegacyexpo.com/

Further reading and resources:

• The Importance of Life Insurance – https://www.canada.ca/en/financial-consumer-agency/services/insurance/life.html
• Understanding Cash Value Life Insurance – https://www.investopedia.com/terms/c/cash-value-life-insurance.asp
• Financial Planning for Different Life Stages – https://www.forbes.com/advisor/retirement/financial-planning-for-different-life-stages/
• Generational Wealth and Financial Security – https://www.willful.co/blog/generational-wealth
• LifeHappens Resource – https://lifehappens.org/
• Financial terms glossary – https://www.consumerfinance.gov/consumer-tools/educator-tools/youth-financial-education/glossary/
• Walk The Line – Johnny Cash – https://www.youtube.com/watch?v=jh169rVMveA

Philotimo Life episodes are now recorded in Miraki Life Workspace, a creative co-working space that fosters community and collaboration. Be sure to follow Philotimo Life on Instagram at @philotimolife and sign up for our newsletter at philotimolife.com/subscribe.