Speaking of Witty and his home, I was looking at my Home Insurance and one issue is the deductible being 7% of the cost of rebuilding my home. My Emergency reserves would fall well short but I wouldn't have to borrow as much cash. With a high Inflation economy I'm sure those figures and premiums will explode much higher with construction material and labor costs on top of a diluted dollar.
Speaking of Witty and his home, I was looking at my Home Insurance and one issue is the deductible being 7% of the cost of rebuilding my home. My Emergency reserves would fall well short but I wouldn't have to borrow as much cash. With a high Inflation economy I'm sure those figures and premiums will explode much higher with construction material and labor costs on top of a diluted dollar.
Thanks for commenting @silverd510