Can You Really Make Money by Taking a Vacation?
Episode description
Some gurus say you can “make money” by taking a vacation financed by a policy loan, but is this really true? 🤨
Taking a vacation is an obvious expense - there is a cost - at some point you have to make the money to pay for your vacation.
Here’s how to tell the Facts apart from Fluff. Yes, you can “Recover/Offset” money on your next vacation… and it also takes TIME.
Checkout How to Recover Thousands on Your Next Vacation - Article for further info with a numeric example.
When it comes to your Homeowner’s insurance 🏠…
- How many times have your filed a claim in the last 7-10 years?
- Do you usually file small claims (say under $5,000) or take care of them out-of-pocket?
- What is your deductible?
Your answers to these 3 questions could help you save on your premiums in the future.
Resources:
Get Your LexisNexis Personal Report
To Claim or Not To Claim - Article
More About Umbrella Insurance (including Average cost) - Article