E110: The Uncensored Truth and Consequences of Self Insurance

We discuss the concept of self-insurance often peddled by many self-proclaimed financial gurus. We'll also share how the economic value of certainty can improve the quality of your life.

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Topics Discussed:

• Dave Ramsey, Susie Orman, and others peddling self-insurance
• Concept overview
• Problem one with the concept: You wouldn't do this under comparable conditions
• Problem two with the concept: Opportunity loss
• When business owners lose out
• Thinking long-term by thinking generational wealth

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/