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Published: June 18, 2020, 1:52 p.m.

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During my working years I always paid for Disability Insurance to make sure I was covered. Back in the days I had heard many stories of people who had freak accidents and were out of work for quite a while and needed the Disability Insurance to help maintain their living expenses for their family.

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Insurance is a part of protecting yourself and family in case of an accident and can help with your Financial Freedom goals. Think if you were out of work for a long time without a paycheck because you fell off the roof while hanging Christmas Lights than you may have to use your up your savings for money to live on. That could possibly set you back a while from your projected Financial Freedom date or Retirement date.

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This is an important lesson to cover with our boys. Even though they may not be in their career for years we want them to know the importance of protecting themselves financially. I know of one family that their lifestyle was really hurt when their main breadwinner had a Heart Attack and didn\\u2019t have any Disability Insurance. He was self-employed, I think.

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As always, I am not giving you any Insurance or Financial Advice and you should seek advice from your Professional Insurance and other Advisors to see what is best for your situation. See my Disclaimer at MillsWay.com. This is for entertainment only. Listen to the Podcast for the whole show.

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If you would like to be a guest on my Podcast drop me an email at bruce@millsway.com or Text me at 480-389-6224

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Support me at Anchor.fm/Live4, Patreon.com/Millsway or Paypal.me/Millsway

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Thanks, and Have a great night.  Please Support or Follow me at https://www.patreon.com/millsway  for access to all my blogs.

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Click here for some Side Income and Part-time Business Ideas

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Millsway.com and Live4.Club

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Personal Capital - Manage your money now. Smart way to track and manage your financial life. Award-winning financial tools and more.

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#financial freedom #financial independence #FIRE #Hustle #Live4 #podcast #millsway

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Sources and Resources from Podcast (Available in Show Notes)

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1. Investopedia says about Disability Insurance https://www.investopedia.com/terms/d/disability-insurance.asp

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