Beat cancer and ease stress with a financial plan

Battling colon cancer in her 40s, simultaneously going through a divorce and facing a very uncertain future, Barbara Majeski is a survivor.

Known as a curator of the good life, Barbara Majeski is a nationally recognized television personality and lifestyle expert with regular features on the TODAY Show, Inside Edition, Good Day New York.

However, Majeski’s television career began after his battle with cancer. Always wanting to pursue a career in television, she had sworn that once she beat cancer, she would turn her pain into purpose and pursue that dream. And she did. Majeski started a business to inspire other women to do their best through accountability challenges, using stories to help others, public speaking, and showing up to support other women.

Majeski is also “Baring It All” with her signature podcast and clubhouse venues, where she shares the courage behind the glamour. She helps her community see the truth behind every scene where she engages in productive yet fun dialogue with celebrities, entrepreneurs and visionaries. She’s not afraid to be raw, honest, and transparent, as she gets the same from her interviews.

Through her struggles and challenges in her personal life and in her business, the one person who has remained a constant inspiration to her is her older brother with special needs. She recognizes that her brother will always need care and that having a solid financial plan is essential to provide stability throughout life.

Any illness can put anyone at financial risk. Certain types of diseases such as cancer prevent you from working while you are fighting this disease. You need to be financially ready to deal with unexpected life events. Don’t be taken by surprise.

Good financial habits to create to protect yourself if you ever had to fight cancer:

1. Live within your means

The easiest way to stay out of debt is to spend less money than you bring in. Too often people are tempted by instant gratification and buy now, pay later plans, but the best financial habit is to not pay cash for now, so don’t load it up.

2. Avoid debt

Debt is expensive, especially credit card debt with high interest rates. The best practice is to keep debt levels low and not get into over-indebtedness. Too much debt leads to bankruptcy.

3. Have an emergency fund

It is good financial practice to have a six month emergency fund to cover all living expenses. That way, if you’re faced with a medical emergency, you have some savings to protect yourself and get through a few months of bills and insurance companies stress-free.

4. Insure against risks

Having medical and critical illness insurance in your financial plan is essential. If you receive a diagnosis, it will give you immeasurable peace of mind knowing that you can make your health a priority and not worry about finances and paying bills. Your energy should be focused on your health.

The bottom line is that life is unpredictable, and even if you think it will never happen to you, you have to live as if it could happen. You protect yourself against life’s contingencies, which will greatly reduce financial stress if you ever fight an illness.