From Discipline to Freedom: Why You Should Never Buy Whole Life Insurance

Chisholm Journal: Simplicity & Smart Money

Financial Discipline to Freedom

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From Discipline to Freedom: Why You Should Never Buy Whole Life Insurance

Complex financial products often do not offer the solution promised.

Jenny Logan

Aug 31, 2023

Transcript

This week I explain why you should not buy whole life insurance (or any permanent life insurance).

We discuss:

1. The difference between term and permanent life coverage.

2. Several reasons why peramennt life insurance is not a useful financial planning tool .

3. What you should do if you already have permanent life insurance

4. What you should do if you need life coverage

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Discussion about this podcast

Financial Discipline to Freedom

I’m Jenny Logan, Certified Financial Planner™, rural living evangelist, aspiring homesteader, and business owner. This podcast focuses on the journey to financial freedom, self-sufficiency, and a life of purpose and meaning. We talk big picture about the purpose of financial freedom, but also share some straightforward strategies that, with a little discipline, anyone can implement to work towards financial success.

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