2250: Are Home Warranties Worth It? by Mike Ballew

Optimal Finance Daily - Financial Independence and Money Advice

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Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 26 March 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mike Ballew of Eggstack shares if home warranties are worth it. Episode 2250: Are Home Warranties Worth It? by Mike Ballew Mike Ballew is a 56-year-old engineer turned blogger who reached a point in life where he sees things more clearly than ever before. He faced financial challenges and overcame them through hard work and determination. His blog helps others navigate their personal finances and plan for retirement. The original post is located here: https://eggstack.com/blog/2020-03-08-Are-Home-Warranties-Worth-It/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If you are a lover of affirmations or you've just heard about how powerful they can be,
0:07.1	then you are going to love the Daily Affirmations for Women Podcast, created by the Women's
0:12.9	Meditation Network and hosted by the amazing Jodi Aegard.
0:17.4	Every morning you'll receive an episode that is dedicated to one specific affirmation,
0:22.2	so you can have this space to reflect on it and receive the power within it.
0:26.4	Follow and start listening now to the Daily Affirmations for Women Podcast on your favorite
0:31.6	podcast player.
0:35.4	This is Optimal Finance Daily, Episode 2250.
0:39.1	Our home warranties worth it, by Mike Baloo of Eggstack.com, and I'm your host and personal
0:45.4	finance enthusiast, Diana Mariam.
0:48.2	Thanks for joining Optimal Finance Daily, the show that's all about improving your financial
0:53.3	life.
0:54.3	Happy to be here sharing another article with you that will help you do just that.
0:59.7	So for now, let's get right to it as we optimize your life.
1:07.9	Our home warranties worth it, by Mike Baloo of Eggstack.com.
1:13.1	No, home warranties are not worth it.
1:17.4	Home warranties are forced savings for people who don't have the self-discipline to save,
1:23.0	items that predictably wear out from normal use are not good applications for insurance.
1:29.7	Good Insurance
1:31.7	There are two kinds of insurance in this world, good insurance and bad insurance.
1:36.6	Good insurance is relatively inexpensive and it covers tragedies which are highly unlikely
1:41.8	to occur, but if it did, you would be completely wiped out.
	...

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