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CORONAVIRUS: Impact to Your Wealth, Health and Happiness

While it’s still hard to tell how the Coronavirus will impact us in the long term, it’s become a subject that’s impossible to ignore. While some are advocating we prepare to be quarantined, potentially for months, others are saying the virus is nothing more than a common cold. The World Health Organization takes a more middle-of-the-road approach, advising we take precautions without becoming alarmed.


We’re going to take a similar middle-of-the-road approach, and empower you to make informed decisions for you and your family. Here are some resources to stay up to date on the virus and to keep yourself and your loved ones healthy.


For your reference, here’s a link where you can track infection and death rates over time. As you can see, the numbers are increasing daily. Most of the people who die from Coronavirus are over the age of 60, and people who have chronic illnesses like heart disease and diabetes have a 5–10% higher chance of dying from it. So if you have parents who may need information on how to boost their immunity, it would be good to share this article with them.


This video shares that, as of January 30, 2020, approximately 8,000 people had been infected with the Coronavirus, and 214 had died. The video indicates that symptoms are similar to a bad respiratory cold, with fever and cough, and that the only treatment is fever-reducing medication. Taking precautions now to up your intake of immunity-boosting supplements, the same way you might if there was a cold circulating in your community, would be a great idea.


A friend of mine shared some resources they’d compiled to help shore up their immunity. It is important that we always try to build up our own immunity system so I suggest you do this, whether facing something like the Coronavirus or just the common cold. This is not medical advice but a friendly reminder. Consult your doctor before taking any supplements at all.


ADDITIONAL TIPS:

● Wash your hands, more than you usually do, and consider wiping down surfaces on airplanes, public transportation, and at the gym with your own sanitizer wipes.

● Have emergency food, water, and medical supplies prepared (always a good idea).

● Practice breathing through your nose instead of your mouth. Nose hairs offer natural protection from airborne viruses. This is especially important for those living in big cities.

● Consider avoiding crowded places like airplanes, churches, theaters, etc.

● Make sure you are drinking plenty of purified water.

● If you smoke, it’s an especially good time to quit to protect your lungs.


In the event you or a loved one do get sick and need to go to the hospital, it’s important to prepare a list of your needs. Include your preferred hospital, your primary care doctor and any specialists, food allergies and preferences, and supplements and medications you take. Also indicate any procedures you desire or don’t desire. Additionally, you should name the person or people authorized to make healthcare and financial decisions for you if you cannot make them for yourself. We can help you prepare these documents in our office, either to take precautions against Coronavirus or for any other reason. Please get in touch if you are ready to get this handled and would like our help.


We are here to support you making educated, informed, empowered decisions for yourself and the people you love, in all areas of your wealth, health, and happiness.


This article is a service of BC Counselors at Law, PLLC. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love. That's why we offer a Family Wealth Planning Session,™ during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today to schedule a Family Wealth Planning Session and mention this article to find out how to get this $750 session at no charge.


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