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Money Guy Show
Does It Ever Make Sense to Lease a Car?
Dec 13, 2023
The podcast explores the importance of disability insurance and emphasizes the need for own occupation coverage. They discuss prioritizing personal financial goals and the benefits of car ownership. The chapter also highlights the value of time, family, and making lasting memories.
26:45
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Quick takeaways
- Choosing around 60% coverage for disability insurance may be more practical due to tax implications.
- Own occupation disability policies are advantageous for specialized professions.
Deep dives
Importance of Long-Term Disability Insurance
Long-term disability insurance is crucial in providing financial protection in the event of a disability that prevents you from working and earning income. It helps to cover expenses like mortgage payments and groceries, ensuring that your financial obligations and the well-being of your loved ones can still be maintained.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode