My friends John and Lisa recently shared some exciting news with me: for the very first time in their lives they paid
cash for a car – a sweet 2 year old Toyota Prius with only 29,000 miles on it. They saved up the $17,000 purchase price (new price was $31,000), did some shopping and drove off in a vehicle that will last them for years and will never require a single payment. As we talked, I learned that this family has been doing all the things I like to write about: they have zero debt and a paid for house.
Naturally, I assumed you would want to know more of their story, so I asked if they would agree to an interview. Good sports that they are, they agreed. Thank you John and Lisa! Here is their story:
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Our normal anxieties in dealing with insurance companies are based on the concern that we won’t be sufficiently compensated.
However, not everyone fits this mold. This post is based on an email from one of my clients (I will call her Carol) who, because she had been injured in an auto accident, is in the process of hiring an attorney to represent her in dealing with the insurance company. Although she was hospitalized, missed work and could have ongoing medical issues, Carol is struggling with the morality of “going after” the insurance company. Because of the trauma of the accident, she doesn’t clearly remember it, which creates some guilt issues. Carol is also concerned about the possible “greed” mentality many lawyers seem to have.
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