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Radical Personal Finance

973: Friday Q&A: Should I Become a US Citizen, Should I Invest My Money Into Treasuries, Switch Health Insurance, Preparing for In-Laws Moving In

Oct 14, 2023
Topics discussed in this podcast include: the advantages and tax considerations of becoming a US citizen, prioritizing lifestyle over tax considerations, drawbacks of US citizenship and investment strategies, the differences between living in the US and Greece, health insurance options, preparing for in-laws moving in, and the importance of communication in relationships.
01:09:39

Podcast summary created with Snipd AI

Quick takeaways

  • Switching to a higher-cost, lower-deductible healthcare plan can provide more comprehensive coverage and potentially reduce out-of-pocket expenses for high-risk pregnancies and upcoming surgeries.
  • Considering personal preferences and goals is important when deciding on US citizenship, weighing potential drawbacks like conscription, limitations on business opportunities, and complexities of international banking against individual circumstances and advantages.

Deep dives

Consider switching to a higher cost, lower deductible healthcare plan

Given the high-risk pregnancy, planned C-section, and upcoming minor surgery, it may be beneficial to switch to a higher cost, lower deductible healthcare plan. This would provide more comprehensive coverage and potentially reduce out-of-pocket expenses.

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