Another gem of a video. I'm learning so much from you. Looking forward to your roll over video. I get paid bi-weekly so I'm almost always in a situation where I have roll over funds. I heard you mentioned that you have pet insurance. I have a dog and I bought pet insurance one year. At the end of the first year the company gave me an offer that I couldn't refuse. Either I maintain the same coverage at a much higher rate, or I take less coverage at the same monthly rate. I refused. I canceled and instead put away $100 per month in a high yield savings account because the chances of my pet needing a large outlay of cash at his youthful age was low (he's 4 and a half now). Currently I have almost $1,850 saved (thanks to consistency and compounding). At the end, if he never needs it, the cash is mine to keep. So just some food for thought.
Thanks so much for watching! And that's such an interesting perspective about the pet insurance. I'll definitely have to do a cost analysis on keeping the insurance vs. cancelling it.
Thanks for sharing and introducing me to monarch! I was a mint user so it was very helpful to watch your videos. And a video about the rollovers would be good 👍🏿
