Last time, we talked about why you should stay away from car title loans (if you can). Now it's time to talk about how to create your own personal savings bank. Find a way to save your money on a tax-deferred basis, protect your money from the erosion of taxes, and borrow money FROM YOURSELF when you get in a bind. Permanent life insurance does all of those things, as well as provide for your family when you're gone. Next time I will tell you who needs life insurance.
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