Medical Debt No 1 Cause Of Filing for Bankruptcy

Medical debt is the leading cause of filing for bankruptcy in the United States. Medical debt can be accrued in a number of ways, but is most often due to a lack of proper health insurance or unforeseen medical conditions and emergencies that are not adequately covered by insurance policies. With the advent of the Affordable Care Act many people are hoping that this trend will not continue, but as of right now it remains a very real and pressing concern for millions of Americans, many of whom are faced with overwhelming debt and unsure where to turn. Reasons for Medical Debt A recent study showed that 62% of households facing major debt cited medical debt as a big part of their problem. These debts come in the form of unexpected emergency room visits, which can be expensive even if a person has health insurance and are prohibitively so if the person does not. They also come in the form of dental work, which is a separate kind of insurance not generally covered by basic health plans. Dental work can easily run into the thousands of dollars, and is the kind of work that, when needed, is absolutely needed ASAP. …

This Budget Really Gets Results

Most budgeting programs consider only what we’ve spent, and this uses prior spending history for making current spending decisions. If my earlier spending habits were not successful there isn’t much reason to let those habits guide current money decisions. I now use zero sum budgeting and it allows me to make today’s spending decisions based upon today’s needs. By making on the spot adjustments during the spending cycle or month, I have greater control over my cash management. Zero sum budgeting allows me to move dollars from one budget group to another in real-time. For instance, if I have set aside $500.00 for groceries in a month but find I’m going to need more in that account several weeks later, I can make an easy adjustment. As example, the Grocery budget can increase by $100.00 at any time by moving dollars from another group like Dining Out (take out $100.00) and adding them into the food group (add $100.00). Of course, Dining Out now has $100.00 less, but more importantly the Grocery budget will still be in check. Some people may say this is like the old adage, “‘I’m robbing Peter to pay Paul”. But this isn’t robbing one group … www.oralporn Apk Clans Mp3 Wover Desain Rumah Anda Svetogama Bloglow Movie Explore Street Wize UPL 24 XmodApps Free Seo Tools Download Apk Android Apk Center SEO Navi