Kristy Shen Quotes Page 2


 
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Best 31 Quotes by Kristy Shen – Page 2 of 2

Quit Like a Millionaire Quotes

“You have to multiply your monthly mortgage payment by 150 percent. This is how much your house will actually cost per month, once all expenses are factored in. If that Rule of 150 monthly cost is higher than your rent, then it makes sense to rent. If it’s lower, then it makes sense to buy.”

Quit Like a Millionaire

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“Preventing catastrophic, that is, irrecoverable losses is the only reason to carry insurance. Effectively, this means carrying as high a deductible as possible while at the same time having enough funds, which you can invest, to cover losses up to the deductible. Most of us don't insure our clothes or tools. For a financially independent person, this will extend much further since almost everything can be replaced many times over.”


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