It's a good thing he did not ask too many people for their ideas on what they thought was possible for his life. 4. Call a financial advisor. All investment plans begin with a financial plan. If you do not like what the financial ad- visor says, find another one. You would ask for a sec- ond opinion for a medical problem, so why not ask for many opinions for financial challenges? Financial advi- sors come in many forms; a reference list is provided later in this chapter. Choose an advisor equipped to as- sist you in developing a written financial plan. Many financial advisors sell different types of products. One such product is insurance. Insurance is a very im- portant product and needs to be considered as part of your financial plan, especially when you are first start- ing out. For example, if you have no money but have three children, insurance is important in case you die, are injured, or for whatever reason are unable to com- plete your investment plan. Insurance is a safety net, or a hedge against financial liabilities and weak spots. Also, as you become rich, the role of insurance and type of insurance in your financial plan may change as your financial position and needs change. So keep that part of your plan up to date. Two years ago, a tenant in one of my apartment build- ings left his Christmas tree lights on and went out for the day. A fire broke out. Immediately, the fire crews were there to put out the fire. I was never so grateful How Can You Find The Pun That Is Right for You? 91 to a bunch of men and women. The next people on the scene were my insurance agent and his assistant. They were the second most important group of peo- ple I was grateful to see that day. Rich dad always said, "Insurance is a very important product in anyone's life plan. The trouble with insur- ance is that you can never buy it when you need it. So you have to anticipate what you need and buy it hop- ing you'll never need it. Insurance is simply peace of mind." IMPORTANT NOTE: Some financial advisors specialize in helping people at different financial levels. In other words, some advisors work only with rich people. Regardless of whether or not you have money, find an advisor you like and who is willing to work with you. If your advisor has done a good job, you may find your- self outgrowing your advisor. My wife Kim and I have often changed our professional advisors, which in- clude doctors, attorneys, accountants, etc. If the per- son is professional, he or she will understand. But even if you change advisors, be sure you stick to your plan. So How Do You Find Your Plan? I had a goal of being a multi-millionaire before I was 30 years old. That was the end result of my plan. The problem was, I made it and then immediately lost all my money. So while I found out that there were flaws in my plan, my overall plan did not change. After losing my money after reaching my goal, I simply needed to refine my plan by what I had learned from that experience.