SELF INSURANCE // Are you willing to manage your own risk and be disciplined enough to save what you earn and be prepared for a crisis? Nina Hendy interviewed me for this piece in The Age newspaper today.
My top tips include:
💲have three month's expenses in easy access cash ready at all times
💲spend on health quality and maintenance but maintain extras cover
💲be fully aware of backup and cyber security procedures
💲insure your car and pay for roadside assistance
💲pay for professional memberships to be covered for professional indemnity
💲live with less expensive items - if you 'lose' them you haven't 'lost'
Read the full piece at
https://www.theage.com.au/money/insurance/ridiculous-premiums-how-self-insuring-saves-sue-5000-a-year-20231031-p5egah.html
#sueellson #selfinsurance #theage