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Dave mentions that insurance is the defense for managing your money. Why is this true?.

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Parrainidn

Insurance is a method of defense when it comes to managing your money according to Dave because it prevents you from incurring more debt.

How does insurance defend your money?

According to Dave Ramsey, a defense method in managing your money is one that helps you reduce or avoid debt.

Insurance is therefore a defense for managing your money because it saves you from having to incur debt when you pass through a dangerous situation because the insurance will pay out instead of you having to borrow.

Find out more on the purpose of insurance at https://brainly.com/question/1941778.

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