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Two Powerful Women Teach You How To Grow Your Wealth
















Here's my weekly newsletter


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Hi,

As we wrap up season 15 of my Wealthy Ways Sirius XM show and go into hiatus for the summer, I will be featuring the some of the most popular guests of the season.

This weekend, we'll be replaying my interview with Janice Bryant Howroyd – founder and chief executive officer of The ActOne Group, the largest privately held, minority-woman-owned personnel company founded in the U.S..

The following Saturday, we highlight my interview with Michelle Singletary – journalist and nationally syndicated Washington Post award-winning "The Color of Money" columnist.

I hope you become inspired as you listen to both of these amazing interviews.

Keep an eye out for my July newsletter. I'll have more exciting news to share with you!

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Listen to these powerful Willie Jolley Wealthy Ways Show interviews on Sirius XM Radio on channel 141-HUR Voices Saturdays at 4pm ET, Tuesdays and Thursdays at 6pm ET

For immediate access to all interviews, download The Willie Jolley Wealthy Ways Podcast on C-Suite Radio or wherever else you get your podcasts. Listen and be inspired!





Two Powerful Women Teach You
How To Grow Your Wealth

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A Dose of Dee

By Dee Taylor-Jolley

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A GoFundMe Burial

Early Tuesday morning, my niece called and said, “Did you see the Facebook post of a GoFundMe campaign for your cousin? She passed away.”

“What? What are you talking about?” I ask.

“There were several posts requesting burial funds for your cousin,” she explained.

I didn’t know she was dead! That can’t be so, I thought. I spoke with her several months ago. Is my mind playing tricks on me?

A search through Facebook revealed she passed on December 31, 2021. And her husband never called. When was the funeral? She was my first cousin. Our dads were brothers.

That was all the information the caller had. So, I called the first of three numbers I had for them in my phone. Disconnected was the response to the first cell number I called. “Maybe that was her number,” I say to myself. Ok. Now I dial the home phone and leave a brief message. “This is Dee, and I understand that my cousin has passed away. I’m so sorry. Please call me.”

Finally, I call the last cell number. "Hi, Dee,” her husband says. I stumble through, “I’m so sorry. I didn’t know.” He says, “I thought I’d called you. We’re having a virtual memorial service this Thursday.”

I’m flooded with mixed emotions. Sadness because she’s gone and perplexed that there had to be a GoFundMe campaign for burial. She was in her sixties. Had a job in tech. Was struggling with weight, diabetes, circulation, and other health issues. She passed in December and this is June. What is wrong with this picture?

You know me, I go straight to “how prepared are we for the unexpected?” And the unexpected, unfortunately, will always visit when we least expect it.

I guess that’s why it’s called “unexpected.” But we know sooner or later, our turn will come. Knowing that, we must anticipate bad news.

Will we be able to grieve for our loved when they pass, or just worry about the unpaid medical bills, burial expenses, and financial mess left behind?

My morning workout podcast was Dave Ramsey, talking about the “must have insurances” we need to carry. It would appear my cousin did not have life (well, really death/burial) insurance.

Dave Ramsey reminded me that paying for insurance month after month (when you don’t need it) can be a real pain. But, think of it like a life jacket. Bulky to wear, but when that boat tips over, boy are you glad you have it on!

Without life/death/burial insurance, our families could be one death away from losing everything.

According to bestliferates.org, in 2020, 54% of Americans were insured. That’s down from 57% in 2019. That means one in three families have no insurance.

Here are 7 stories we tell ourselves for not having insurance:

  1. It's so expensive
  2. Term insurance is just throwing money away
  3. Life insurance doesn't pay out anyway
  4. I'm single so there's no need for life insurance
  5. Life insurance is only really there for people with a mortgage
  6. If I get ill, life insurance doesn't help me.
  7. I’ll get rejected. I’m too old.

And none of these are good reasons for the pain we leave behind – the loved one who is gone and the bills they owe.

There’s something called burial insurance, which is different than life insurance. It’s a tool you can use to help your loved ones pay for your final expenses. While considered a type of life insurance policy, it offers a smaller benefit amount than traditional term life insurance because its focus is smaller.

No insurance coverage? Think of your loved ones. Look into it.



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