Owning a home is a big accomplishment and provides you with a degree of freedom. However, home ownership also exposes you to risk. There are two main reasons that owning a home is risky: You have a large chunk of your … [Continue reading]
That 4000-pound Piece of Metal is a Weapon: Make Sure You’re Insured
Do you think you're a good driver? Maybe you've never been in an accident. Maybe you're ACTUALLY an Indy 500 driver. That's great, but it turns out it doesn't really matter how good of a driver you are. There are things out of your control, … [Continue reading]
So You Can Run a 5 minute Mile and Deadlift 300 pounds? You Still Need Health Insurance.
Healthcare is extremely expensive. In the United Sates, we spend nearly $10,000 per year per person on healthcare-related expenses. If you are healthy and have a robust emergency fund, you can self-insure against most routine office visits, … [Continue reading]
You’re Not Bulletproof: Plan for the Possibility of Becoming Disabled
In my work as a physician, I see a variety of unfortunate accidents and injuries. Just last week, I saw a young 30-year-old pilot who crashed his plane and is now quadriplegic. I also saw a heavy equipment operator who was crushed by a metal beam, … [Continue reading]
Make Sure You Have Life Insurance Before You Die
Unless you enjoy free-soloing like Alex Honnold, your chances of dying are very slim. However, you still need to prepare for this rare but catastrophic possibility. Who Needs Life Insurance The purpose of life insurance is to replace your income … [Continue reading]
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