The Smart Money Gal - GoFundMe is NOT Life Insurance
The GoFundMe platform has exploded with popularity over the last few years, with numerous individuals raising millions of dollars for charitable causes, educational payments, financially helping loved ones, etc. While the essence of this platform is in fact positive, it's important for those to not rely on it.
In this episode, Jennifer sheds light on the GoFundMe fundraising website and why it shouldn't be utilized for a few specific reasons. Through a personal story with GoFundMe, Jennifer explains how some can mistakingly utilize this service as a form of life insurance.
Tune in and allow The Smart Money Gal to share her experiences with GoFundMe and shed some light on how to correctly deal with life insurance based on your budget.
Timecodes:
02:28 - Jennifer recounts a very personal story to explain the importance of life insurance and planning for the future
12:40 - You don't buy life insurance for yourself...
14:34 - Jennifer talks through the three main reasons everyone should carry a life insurance policy
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