Is Whole Life Insurance Worth It?

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!

Real Estate, Education, Investing, Self-improvement, Business, Money

4.6 • 858 Ratings

🗓️ 9 February 2020

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Is Whole Life an investment strategy? This is a hot topic among many folks these days which Daniel and Quint take head on.

Transcript

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0:00.0	Hey there, this is Daniel. Thanks for listening to DIY Money. Now, if you haven't already, be sure to give us a five-star review so your friends know that this is a show that they can learn from.
0:11.7	Follow us on Instagram at DIY.money. Now, enjoy this episode.
0:21.5	Welcome back, ladies and gentlemen, you are listening to another edition of DIY money.
0:28.4	DiI. Money.
0:29.5	I feel like we got a hustle on this one, Daniel.
0:31.0	We went a little over on the last one.
0:32.9	Don't forgive us.
0:33.6	I hope about our personal goals.
0:35.7	Rocking them.
0:36.4	All right, rocking them.
0:37.3	Here we go.
0:37.9	We've got an interesting question that is a very hot topic out there.
0:43.3	I certainly have passionate opinions on it.
0:45.9	But I'm going to encourage this caller to do their own math and to do some further research.
0:51.1	Because, again, there's a lot of information written on the topic.
0:54.1	We've got a good question coming in from Brandon in Washington.
0:57.6	What do you got, Brandon?
0:58.7	D-I-Y!
1:00.5	Hey, guys, Brandon here from Walla-Wallow, Washington.
1:05.1	My question's regarding using a whole-life insurance policy as a means of generating wealth.
1:11.6	This is a concept that was recently introduced to me.
1:14.6	My understanding is that I could put money into this policy
	...

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Generated transcripts are the property of Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen! and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.