Why couldn’t somebody just put money in a savings account monthly instead of paying insurance monthly?
In: Economics
You can do that but the thing is that the things insurance covers for cost an ungodly amount of money. If you find yourself in that situation you might spend all your money and still not have enough. Insurance is scummy and they’ll absolutely try to shaft each and every one of their clients, but unfortunately it’s the best option aside from being super rich.
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