Understanding the Nuances of Life Insurance: Term vs. Whole

The key to growing long-term wealth is to spend less than you make and invest the difference, but there are also some money mistakes you should avoid. Make sure you listen and avoid these money mishaps to win long-term.

Liz joins this week’s podcast as we talk about:

- Why whole life insurance is so bad

- The pros and cons of 401k loans

- Buying stuff you can’t afford and don’t need on credit cards

- Get rich quick schemes

- Trying to time the market

- The importance of tracking your expenses and net worth

- Lifestyle creep and why it matters

- Why emergency funds matter

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/069-avoid-these-money-mishaps-and-win-long-term/