
956: Friday Q&A: Pay for College from Retirement Account, Buy Grandparents' Lake House, Salary vs. Benefits, When to Buy a House, Etc.
Radical Personal Finance
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The Importance of Insurance
If there's something that you just can't afford to do without this thing then you ensure it but you don't necessarily always purchase insurance for it. I would rather see the person get rid of the big expensive car and buy a car that is so modest that they wouldn't need to have that big insurance policy on it. There's always multiple ways around the insurance policy and your individualized knowledge is gonna play a role as well in your ability to get stuff, number three is just simply going to be the importance of the outcome.
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