fbpx

Tag: medical expenses

The Emotional Cost of Bankruptcy and Insolvency

Personal bankruptcy is not a topic that is relevant to most of us—until it is. The number of  people filing for bankruptcy over the last 20 years ranges from a low of 374,000 in 2022 to over 2,000,000 in 2005. The top reasons that cause people to declare bankruptcy...

Should You Save for an Emergency Fund?

For many Americans, one painful lesson of 2020 has been a first-hand demonstration of the importance of having an emergency fund. Yet knowing such a reserve matters is a far cry from creating one. According to BankRate, 72% of Americans don’t have an emergency fund...

The Middle-Class Cost of Medicare for All

Watch this video on YouTube The concept of “Medicare for All” is getting a lot of attention in the 2020 Presidential race. Senator Elizabeth Warren’s promise that it will not cost the middle-class “one penny” has much appeal. While most...

When Frugality Is Not a Virtue But a Risk

Watch this video on YouTube Frugality is a valuable financial habit. It’s the number-one common denominator among people I know who are wealth builders. This makes sense, since no matter how much you make or what you may invest in, you’ve got to be able to live...

Worried About the Cost of Healthcare?

Watch this video on YouTube Have you ever worried yourself into a frenzy over something, only to find out you were worrying about the wrong thing? For example, researchers say that Baby Boomers are more worried about being financially devastated by unexpected health...