676: How to Pay for Your Health Insurance Yourself - Episode 676
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 8 October 2020
⏱️ 18 minutes
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| 0:00.0 | Hey everyone. I'm Clayton Morris. I'm Natalie Morris and this is the show where we help you build financial |
| 0:10.0 | intelligence and then ultimately financial freedom. We do it through buy and |
| 0:13.6 | hold real estate. We own businesses that buy real estate and we want to teach you |
| 0:17.9 | how to do the same thing. So today on the show we wanted to talk about health |
| 0:21.1 | insurance because if you're an entrepreneur and you're |
| 0:23.9 | starting out and you're thinking about quitting your job this is something that |
| 0:27.6 | always holds people back right it's one of the questions we get the most well if you |
| 0:31.9 | both quit your day job |
| 0:33.1 | because you're financially free, |
| 0:34.8 | what about health insurance, right? |
| 0:36.9 | Well, a lot of times people will say, |
| 0:38.7 | well, then one of us should keep our jobs. |
| 0:41.2 | And we want to point out to you a couple of flaws in that way of thinking because there are ways to continue to have health insurance but still also not work for anybody else. |
| 0:53.4 | Now, this is obviously a show that is for American citizens. |
| 0:57.1 | If you're a foreign investor, most likely your country |
| 0:59.9 | has different laws about health insurance. |
| 1:02.0 | But in America, it is most common to have |
| 1:04.8 | employer-sponsored plans right this is fairly actually recent it only started at |
| 1:10.0 | around the 50s or 60s where employers were starting to subsidize health |
| 1:14.8 | insurance for their employees. I don't actually know what happened before but |
| 1:19.5 | now that becomes something as Americans that we like hold on to like we have to have a |
| 1:24.3 | job so that we can have health insurance right it's such a flawed way of |
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