cover of episode Quit Sitting on the Sidelines Waiting on Politicians To Change Your Life!

Quit Sitting on the Sidelines Waiting on Politicians To Change Your Life!

2024/9/18
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The Ramsey Show

Chapters

A caller questions the value of whole life insurance as an investment strategy. Dave Ramsey explains why term life insurance combined with other investment options like a Roth IRA is a superior approach.
  • Whole life insurance has high commissions and low returns.
  • Term life insurance offers better coverage for a lower price.
  • Investing the difference in premiums can lead to substantial wealth.

Shownotes Transcript

📱Watch the full episode for free in the Ramsey Network app.)

Dave Ramsey & George Kamel answer your questions and discuss:

  • "I sell whole life insurance, why is it wrong?"

  • Why the Fed dropping rates is "sus,"

  • "How do we pay off $500k of medical debt?"

  • The show interviews real millionaires to find out how they built their wealth.

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