Only Insure What you CAN NOT Afford

In today's episode, Adam Olson and Craig Reiser discuss essential insurance types for those starting their financial journey.

Full Episode: Apple Podcast

They emphasize the importance of health, disability, and life insurance, offering tips on selecting the right coverage. Adam stress the value of life insurance, dispelling common myths and advising to prioritize it over discretionary spending. They explain the benefits of term and permanent life insurance, the need to plan for unexpected health issues, and the importance of evaluating employer-provided benefits.

"Once you have kids and there are people that depend on your income, if you don't have life insurance, it could be a super sad situation."

Hey there, friends!

I'm Adam Olsen, your guide on the journey to financial savvy, and I've got some fresh insights that I can't wait to share with you in my latest podcast episode of "Money Mastery Unleashed." Together with my business partner and fellow financial whiz, Craig Riser, we're diving deep into a topic that's crucial for anyone starting their adult life: the world of insurance.

?? Understanding Insurance Basics We're peeling back the layers on health, disability, and life insurance. It's all about protecting your future self and ensuring you're covered when life throws you a curveball. We'll walk you through the different types of insurance, where to find them, and how to figure out what coverage fits your life like a glove.

?? Generational Wealth and Financial Stability I'm passionate about helping you build a legacy of wealth and stability. In this episode, we talk about why insurance isn't just a safety net—it's a cornerstone of a solid financial plan.

?? Health Insurance Decoded Entering the workforce? Health insurance should be at the top of your to-do list. We'll break down the jargon—deductibles, co-pays, HSAs—and help you pick a plan that makes sense for your health and your wallet.

??? Disability Insurance: Your Income's Bodyguard What happens if you can't work due to an injury or illness? We're covering the ins and outs of short-term and long-term disability insurance, so you can keep your income secure, no matter what.

?? Life Insurance: The Misunderstood Must-Have Life insurance isn't just for the wealthy or the elderly. We're busting myths and showing you how term life insurance can be a budget-friendly superhero for your financial obligations. Plus, we'll explore the added perks of permanent life insurance.

?? Avoiding Common Pitfalls Don't get sidetracked by flashy, non-essential insurance policies. We're all about prioritizing what matters—your health, your life, and your ability to earn an income.

?? Seeking Professional Guidance Insurance can be complex, but you don't have to go it alone. We'll talk about the value of having a trusted advisor in your corner to help you navigate the options and keep your coverage on track.

Remember, this podcast is all about empowering you with knowledge, but it's not a substitute for professional advice. So, if you're ready to take control of your insurance game and protect your financial future, tune in to the latest episode of "Money Mastery Unleashed." Let's make sure you're covered for all of life's adventures!

Stay smart and secure, Adam Olsen

P.S. Loved the episode? Share it with a friend who could use a financial leg-up! And as always, consult with a professional before making any big money moves.

Learn more about Adam Olson by visiting the following links:

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