This Week's Questions:

1) I'm trying to cut expenses as much as possible.  I was looking through my auto insurance policy and it seems like I heard that a person doesn’t have to have Uninsured or Underinsured motorists on the policy.  Do you know if that is true or not? 

Also we have a 2012 dodge van.   It looks like our policy has auto collision insurance for 67.17 with a $1000 deductible.  In addition to the regular premium.  Under limits It has Actual Cash Value.    Is this necessary to have?  The vans not worth much over the $1000 deductible probably.  It’s in bad shape but we are driving it until it quits. - Sandy 

2) I work a contract job and they offer a 401k and Roth 401k, there is NO matching. Which 401k should I put money in from my paycheck?

3) What's the difference between a self-directed IRA (SD-IRA) and a Solo 401k?

Resources Mentioned:
Ep 55: What Insurance Do I Need and What's a Waste?
Ep 20:  You've Never Met a Home & Auto Insurance Agent Like This - with Darron Miller

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