insurance

Yo!
Ashlea and I just moved to a new state! Literally our stuff is still in the Uhaul, and i really should be helping to unpack. But here I am messaging you!

DEFINITION
What is “insurance” in a nutshell?

• It’s paying a company monthly to transfer RISK over to them.

PRACTICAL ADVICE
Don’t get rental insurance…

• A lot of rental companies, especially car companies will be asking you to get rental insurance. But…most likely if you own a credit card, you already have rental coverage. And for things like a uhaul which we used for our move; our own auto insurance coverage was enough for our needs.

OUR COMMUNITY
What are your questions? Or share a win!

• Reply to this email with any personal finance question you have, or share with me any wins in your life! (I’ll respond to your questions anonymously in future emails)