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  • Dan Gaskin

Breaking Bad is about financial planning.

Ok, it's also a little bit about crime too. In essence though, its about financial planning - or lack thereof. I've recently been watching it again on Netflix and it suddenly hit me that the characters just needed a decent lifestyle financial planner.

If only Walt and Jesse had employed a good financial planner...

Poor old Walter White. If only he had planned for the future. Walter (played by Bryan Cranston) is the 50 year old, high school chemistry teacher who turns to a life of crime because he cannot afford to pay for cancer treatment - he has no critical illness cover, no income protection cover and his health insurance isn't adequate. Walt feels he has nothing to lose as his diagnosis is terminal. We see him negotiating the criminal underworld just so he can provide for his pregnant wife and his disabled son.

Money is no good if it isn't helping you.

You leave school, college or university and go and get a good job or found a company. You're earning a good salary and you have a great lifestyle. You're in good health and possibly take it for granted - yes, we all do it. Life is good and nothing can go wrong, right? Hmm, do you remember the London Olympics?

That was nine years ago!


Crazy, right?

The point I'm making is that time flies and we don't even notice. It had gone by for Walter and he had never imagined what would happen should the worst occur. I know that his story is fiction but the premise is sound - the average age for critical illness cover claimants in 2017 was 49.89 years old. Walt is 50 when he is diagnosed. You're five times more likely to be diagnosed with a critical illness than to die. Lifestyle financial planning is great fun when you're planning holidays and spending - but it has the vital function of looking after you and your loved ones by stress testing what could go wrong.

At Hungerford Financial Partners, your plan is stress-tested and critically analysed to ensure that you will be more than ok no matter what happens. You should have confidence in your personal financial plan so that you know - I mean, really know that it is robust when life throws something unpredictable at you.

If you're earning but not really saving anything or you're tired of traditional financial advisers charging you to tell you why your isolated investments have fallen, as Jesse Pinkman (Aaron Paul) might say,

'like, pick up the phone, yo.'

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