Loans Elevated

Episode 135: Would You Survive a Financial Crisis? Here’s Your Fire Drill

Lassig Team Marketing Season 2 Episode 135

Send us a text

What if your income dropped by 50%… tomorrow? What if the banks froze your credit lines and you had no access to cash? Could you survive the financial storm?

In this episode of Loans Elevated, we run a complete financial fire drill—inspired by our latest blog post—to help you simulate worst-case scenarios before they happen. We cover the 9 critical questions everyone should ask to protect their income, assets, family, and sanity.

1. What would we do if our income dropped by 50% tomorrow?

2. If the market crashed, what assets could we actually access quickly?

3. What is our monthly essential burn rate (food, housing, insurance, utilities)?

4. How long could we sustain our lifestyle with no new income?

5. What expenses could we cut immediately?

6. What are our backup plans for cash flow or credit, and how reliable are they?

7. Where are we assuming too much stability?

8. What would we do differently if we knew this scenario was 90 days away?

9. Are we emotionally prepared to lead through that kind of storm?

🔗  Read the full blog post → loanselevated.com

🎙 Welcome to the Loans Elevated Podcast!

Your go-to source for expert insights on mortgages, real estate trends, and home financing strategies. Whether you're a first-time homebuyer, real estate agent, or seasoned investor, we break down key topics to help you make informed financial decisions.

💡 Have a topic you'd like us to cover? Send us a message on Instagram or Facebook @loanselevated!

🔗 Get all our links in one place: LassigTeam.com

👉 If you find value in our content, be sure to FOLLOW the podcast and leave a review! It helps us reach more listeners like you.

Hosted by:
📢 Broch Lassig, Branch Manager NMLS340314
📢 TJ Heidenreich, Sales Manager NMLS1802412
📢 Ryan King, Loan Officer NMLS1870771
Branch NMLS2048956

Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions apply. Call for details.
CrossCountry Mortgage, LLC. NMLS3029 (www.nmlsconsumeraccess.org)

🔹 Disclaimer: The information in this podcast is for educational purposes only and not a substitute for professional financial, legal, or tax advice. Always consult with a qualified professional before making financial decisions.