Read Time: 4 min

Hey Reader,

I’m writing this from sunny Hawaii, finally escaping the NYC winter for a friend’s wedding.

It’s absolutely beautiful here, but getting here was a total disaster (I'll share more details below).

Now that you’re up to speed, let’s go build some wealth.

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👀 What I'm Watching:

Let's play a quick game.

If you had to guess, which of your bills has increased faster than any other service you pay for?

The answer: car insurance.

As of November 2025, full coverage car insurance averaged $2,697 a year. That's a 12% jump from 2024 and more than a 50% jump from 2020.

What's happening?

Thanks to inflation and tariffs, everything related to cars is getting more expensive.

And when I say everything, I mean everything.

Modern cars are loaded with fancy (and often unnecessary) tech, making repairs and replacements pricier than ever.

But it’s not just the hardware... even the medical bills post-car-accident have gone up, too.

There was a brief glimmer of hope that prices might finally cool down after the Supreme Court struck down President Trump's original tariffs last week.

However, Trump responded immediately and used a different legal loophole to implement new 10-15% global tariffs.

The bright side? These new global tariffs aren't permanent because with this legal loophole, the tariffs automatically expire after 150 days… unless Congress votes to extend them.

📝 The Breakdown:

Here's how this impacts your money and wallet:

Car insurance premiums have increased across the country.

A recent survey found that more than half of drivers said they had to cut back on other expenses just to afford their car insurance.

What’s worse is that more than a third of respondents said they have driven (at some point) without car insurance...

Which I 100% DO NOT recommend because it can get pretty dicey legally, financially, and safely (is this a word?).

The math is simple: the more money you spend on car insurance, the less you have for everything else.

✍️ Your Next Move:

Here's what you need to do today:

The last time I shared this tip, I received a lot of messages from people saying how much it helped them.

Saved $1,440 a year

Saved $2,400 a year

Saved $1,044 a year

Studies show that most people save on average $461/year by switching car insurance.

And based on the messages I’ve gotten above, many are saving far more than that.

So here's the trick: you need to shop around for car insurance at least once (sometimes even twice) a year to lower your cost and get better coverage. And there are usually no penalties for switching.

And it only takes a couple of minutes to check using this free tool that I personally like to use.​

🗓️ Behind The Scenes:

Here's a quick recap of what I was up to this past week:

• I’m in Hawaii for a friend’s wedding, but getting here was a total series of unfortunate events. My first flight was delayed by four hours, and then the second leg was pushed back another five. By the time we finally arrived, I was so exhausted that I accidentally left my laptop on the plane. I’ve filed a lost item request, and I'm really hoping they find it before I have to head back to NYC.
• On the bright side, it’s been great catching up with friends and eating incredible food. If you ever find yourself on O‘ahu, I highly recommend checking out: Hula Pie at Duke's, the Macadamia Aburi Salmon Poke from Sato Seafood, and the short ribs at Helena's.

✅ Cool Things From This Week:

• Money Tip of the Week: Why companies are posting jobs they never plan to fill​
• ​How much are hidden fees and wasted time really costing you?​