055: Insurance: A Tax on People Who Are Bad at Math? by Mr. Money Mustache

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 13 May 2016

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mr. Money Mustache shares his opinion on different types of insurance. Episode 55: Insurance: A Tax on People Who Are Bad at Math? by Mr. Money Mustache (Is Insurance Worth It & Types of Insurance). Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2011/06/02/insurance-a-tax-on-people-who-are-bad-at-math Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and Join the Ol' Family to get your Free Gifts! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:55.0	This is optimal Finance Daily episode 55.
1:00.0	Insurance attacks on people who are bad at math by Mr. Money
1:04.4	mustache of Mr. Money mustache.com.
1:07.2	Get ready to maximize your potential with optimal finance
1:10.9	daily, the podcast that brings you the best content in personal finance five days a week.
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