Get Ready: Before Life Happens Podcast
Get Ready: Before Life Happens brings together diverse voices, guides, and changemakers from around the world who are helping people and professionals navigate life’s what-ifs with clarity, integrity and confidence.
Hosted by Financial Readiness Advocate Tony Steuer, the show explores the insights, stories, and tools that strengthen financial readiness and reshape how we think about money, life, aging, caregiving, resilience, and purpose.
Want more? Join The Get Ready Movement at www.tonysteuer.com
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Get Ready: Before Life Happens Podcast
Is Whole Life Insurance REALLY Worth It?
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On the latest episode of The Get Ready Money Podcast, Charlene Cong guest hosted and we spoke about changing the way we think about whole life insurance.
In this episode we discussed:
- Why whole life insurance is not an investment.
- Common misunderstandings when people purchase whole life insurance.
- Whole life insurance is a long term insurance contract that is illiquid with high surrender charges for the first few years.
- How life insurance policy loans work.
- More suitable financial options for young people.
- Why you can’t be your own banker.
Connect with Charlene Cong:
- Website (website) www.charlenecong.com
- FinFit GmbH Website: www.finfitsolution.com
- LinkedIn (LinkedIn)
- Instagram (Instagram)
Resources:
- Budgeting and Spending Template (free): (here)
- Investment Masterclass: (here)
- Youtube (here) https://www.youtube.com/@CharleneCong
Podcast:
- Charlene’s Podcast (YouTube)
Bio:
Charlene H. Cong, CFA, is the founder of FinFit GmbH, a finance and investment educator, podcaster, and YouTuber. With over 10 years of experience in the banking industry, including a tenure at JPMorgan Asset Management, she is a Chartered Financial Analyst based in both Hong Kong and Switzerland. Charlene is an Executive Board Member of the Swiss Capital Market Forum.
The Get Ready Money Podcast and its guests do not provide investment advice. All content is for educational purposes. Guest opinions do not necessarily reflect the opinions of The Get Ready Money Podcast and Tony Steuer.
