Who’s Left Holding The Bag? – Episode #22

“Who’s left holding the bag?”This adage encourages a person to think critically and objectively whether a situation will benefit him or her or whether that situation will steal from him or her.In any transaction, who profits and who loses?Specifically, who profits and who loses in insurance transactions.Who wins with insurance and who - with insurance - is left holding the bag?The goal of this episode is not to recommend a specific insurance.The goal of this episode is to share how wealthy people approach insurance.High income earners and wealthy people think about insurance differently.The main reason - people who are financially free ask different questions about insurance than high income earners do.I want you to ask the right questions about insurance.When you do so, then you decrease the probability that you’re left holding the bag in any insurance transaction.Or in other words, you’ll reduce the chance of wasting money that could be working harder and harder for you in a more advisable vehicle.Listen to this episode to know whether you are posed for profits or overpaying with insurance.Let someone else unfairly hold the bag.After this episode… it should not be you.Podcast Cheatsheet:3 Ways To Lose With Insurance - 3:07The Right Insurance - 7:30Episode’s Rich Behavior - 13:08Ready to Start Behaving Wealthyhttps://www.behavingwealthyacademy.com/roi-retirement-roadmapShare this podcast with your friends:Spotify - https://open.spotify.com/show/6uwUCj8c971XUJgbOOAH9hApple Podcasts - https://podcasts.apple.com/us/podcast/the-high-worth-%24hift/id1654041671Amazon - https://music.amazon.com/podcasts/c76f2f81-4fff-4d6e-8943-d31e298d5e85Google - https://podcasts.google.com/feed/aHR0cHM6Ly9tZWRpYS5yc3MuY29tL2hpZ2h3b3J0aHNoaWZ0L2ZlZWQueG1s?sa=X&ved=2ahUKEwj8zdXUzsf7AhVamFYBHcZnBwoQ9sEGegQIARACWant the video of this podcast?Youtube - https://youtu.be/8Tr5sgEZ4-M