Should You Buy A Car With Life Insurance? – Episode 216




The Prosperity Podcast show

Summary: Today’s episode is a listener question from Chris where he’s asking if it makes sense to buy a car using a life insurance policy. Kim Butler and No B.S. Money Guy Todd Strobel address this question to help listeners understand their best options.<br> <br> Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.<br> <br> Links in this Episode:<br> Submit your questions: hello@partners4prosperity.com <br> eBook: Financial Planning Has Failed <br> <br> <br> Show Notes:<br> 00:00 Intro <br> 01:35 Understand the car loan interest rate<br> 02:13 The 3 components to understand in this listener question<br> 04:15 The best thing to do with the down payment.<br> 06:25 If you already have an emergency fund here’s what to do next.<br> 08:12 How to make your car loan least expensive as possible<br> 11:48 Mutual life insurance companies vs typical whole life companies<br>