I watched my second cousin lose everything because of a "safe" financial decision. His dad bought a house and passed away shortly after and had no insurance back then. The family didn't inherit wealth, they inherited debt. ➥ They had to sell ➥ Family business took a hit ➥ My cousin who was barely ready had to carry everyone while grieving This is very common tbh... 1. 40% of mortgages are held without adequate life insurance 2. 15-20% of those cases end in foreclosure or forced sale within 2 years The safe decision has a failure mode nobody talks about. That moment rewired how I think about buying property. The question should never be "can I afford the mortgage?" It should always be "can I absorb the worst case without it breaking everything else I'm building?" I'm 24. I want a house eventually and I'll get it within the next 2 years but not as Step 1. Only when my foundation is strong enough that losing it wouldn't pull down everything with it. @rektonomist_ wrote a brilliant article on this👇 twitter.com/YashasEdu/status/2...

gotta give this article a read

You’ll learn a lot from it for sure