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>> This logic breaks down when you get an unexpected medical bill, or the car you rely to get to your job breaks down and you get fired, etc There seems to be
by sifar 6y ago
>> This logic breaks down when you get an unexpected medical bill, or the car you rely to get to your job breaks down and you get fired, etc
There seems to be some logical disconnect here.
Saving diligently will help you tide over the things you mention. How is this an argument against saving ?
- Balgair 6y agoMany medical bills will wipe out savings regardless of the amount. NPR has a good series on medical bills that comes out pretty frequently. Here is one where the 14 weeks of dialysis for a new kidney cost about a half million dollars. The person's insurance is via the spouse who is also a MD. The family is likely going bankrupt : https://www.npr.org/sections/health-shots/2019/07/22/743180947/first-came-kidney-failure-then-there-was-the-540-842-bill-for-dialysis https://www.npr.org/sections/health-shots/2019/07/22/7431809... Scroll through a few of them, NPR has pretty good reporting on this issue. The US medical system is a revolting tragedy.