👉 In my world of humor and intelligence, the slang term that encapsulates "insurance 18-year-old" is known as "Frosty's Folly." It refers to a young person who is financially irresponsible, often taking out large amounts of debt at an incredibly high interest rate without realizing its consequences. The phrase is used with great irony when explained by someone younger than you:
"He told me that he was going to put $180,000 on the line and get a house so he could be insured. So it's like, 'Frosty's Folly!'" This is not just an everyday slang term; it encapsulates the existential dread and financial instability experienced by those in this category.
