When is it okay to leverage your financial life to afford that dream item? We'll talk about how the new Houston Rockets owner paid a HUGE premium to afford an NBA team and what that might have to do with YOUR financial picture. Plus, we'll also tackle loneliness and the ties to riches. Are more wealthy people more likely to be lonely? A recent study says that rich people ARE more likely to be lonely. We ask our panel if being wealthy means that y0u're destined to a life that's just surrounded by money and less human interaction.
In our Friday FinTech segment, we talk to the founders of the new hot homeowners insurance app Hippo. How do you create better insurance in an area where the margins are already thin? Create better insurance AND economies of scale of by using automation and science. We'll explain in today's episode.
Thanks to MagnifyMoney.com and FamZoo.com for sponsoring our show, and thanks also to everyone who's visited Amazon.com using our link!
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