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Optimal Finance Daily - Financial Independence and Money Advice

768: What is Life Insurance? Do I Need It? by The Finance Twins on Wealth Preservation

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 6 February 2019

⏱️ 10 minutes

🧾️ Download transcript

Summary

The Finance Twins explain life insurance and if you need it. Episode 768: What is Life Insurance? Do I Need It? by The Finance Twins on Wealth Preservation Camilo and Francisco Maldonado are the Finance Twins. Most people think money is confusing unless you are an accountant. We used to think that too. After working incredibly hard and catching several lucky breaks, we realized so many people are looking for ways to learn about personal finance, how to manage money, and how to get out of crippling debt. They have tons of tools and resources as well as countless articles that have everything you need to start your path to financial freedom. The original post is located here: https://thefinancetwins.com/what-is-life-insurance/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts With the SendPro software, you can compare shipping rates between carriers, plus save 40 percent off USPS Priority Mail shipping and get 5 cents off every letter you send. Our listeners can try it FREE for 30 days and get a FREE 10 pound scale, but only when you visit: PB.com/finance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Are you ready for a Monzo Business Bank Account?

0:03.3

Heather from the Accounter's Growth Club was,

0:05.3

knowing what cash I have is really important and Monzo Business makes it easy.

0:09.8

It automatically puts 20% of my income into a tax pot.

0:14.0

When it's time to pay your VAT, I always know the money's there.

0:17.0

If you're ready for a Monzo business account, apply today.

0:20.0

Just search Monzo Business. Only sole traders or limited company directors in the UK can apply.

0:25.0

Get tax pots with Monzo Business Pro for £5 a month.

0:28.1

Tees and sees apply.

0:29.2

At Eon Next, we believe life's better when you know you can get your hands on discounts across a range of home energy solutions like boilers and solar panels so you can treat your home to a bit of future proofing.

0:43.0

We think that makes energy a little bit better.

0:45.6

And that's why we're always working towards helping you get more out of your energy.

0:50.3

So visit eon next.

0:51.6

Today, discounts available to eONNEX customers and 31st of December 2023.

0:56.0

Tease and C's eligibility criteria and geographical restrictions apply.

1:00.0

This is And I am Dan, I am your host here on the show and this is where I read to you from some of the best personal finance blogs on the planet.

1:17.0

For now, let's get right to our post as we optimize your life. What is life insurance? Do I need it by the finance

1:28.6

twins of the finance twins dot com? What is life insurance? Most people learn about life insurance from two places. The

1:37.4

first is from a person selling life insurance. The second is from a murder

1:41.4

mystery on TV.

1:43.0

It seems like every TV writer has decided that life insurance must be the motive when a spouse is involved.

1:48.0

Yikes.

...

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