Money Meets Medicine Is Your Emergency Fund Too Big?
Oct 16, 2025
Can an emergency fund be too big? Discover practical insights on when to reconsider life and disability insurance. Understand the trade-offs between leasing a luxury car or buying mid-range. The hosts dive into how much cash high earners should keep on hand, debating between 3–6 months versus 12 months. They also explore the impact of personal money stories and spousal dynamics on financial decisions. Tune in for a blend of math, mindset, and valuable financial strategies!
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Don't Drop Insurance Until FI Is Real
- Confirm your true financial independence number before cancelling life or disability insurance.
- Keep coverage until you can comfortably replace income and fulfill family goals without jeopardy.
Term Life As Cheap Leverage
- Term life can act like a cheap leverage tool to boost your estate or charitable impact for small premium.
- Paying modest premiums may be worthwhile even after core goals are met because of outsized payoff.
Match Deductibles To Cashflow And Psychology
- Choose insurance deductibles that match your cashflow and risk temperament, not just math.
- Accommodate a cautious spouse for relational harmony if the cost is small.
