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Money Guy Show

Should You Buy Whole Life Insurance? (With Clark Howard)

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 20 April 2022

⏱️ 16 minutes

🧾️ Download transcript

Summary

Does it ever make sense to buy whole life insurance? Clark Howard joins The Money Guy Show to help walk you through that question and more in today's Q&A episode! Subscribe on YouTube! Download FREE Financial Resources from the show Get our Net Worth Tool Now! Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:07.0

investing, taxing.

0:09.0

You've got financial questions, he's got financial answers.

0:12.6

It's Brian Preston, the money guy.

0:15.9

This next question is from Brian Preston.

0:17.8

So you got one too.

0:18.8

That's right.

0:19.8

That's right.

0:20.8

I'll give him this one.

0:21.8

So here's the question, Clark, because you won't know the answer to this.

0:23.8

And this is something I struggle with.

0:25.2

I was so proud of myself when I cut the cord.

0:27.9

Because I got rid of my satellite bill because it was over $100 a month.

0:33.0

And I thought I was like, this is great.

0:34.3

I'm going to YouTube TV.

0:36.2

And at the time, it was like $34.

0:38.6

And then somehow over the months to watch, because I love my SEC football.

0:43.1

So I can't give up all.

0:44.4

I can't cut the cord completely.

0:46.3

But when I started stacking up all my subscriptions to YouTube, I fired YouTube TV and went to Hulu

0:52.7

with their bundle with Disney Plus plus the ESPN.

0:56.1

But now it's 65.

...

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