9 Steps To Get Out Of Debt – Part 8
Step 8 – Getting Insurance
Most people are only one major disaster or a few weeks of unemployment away from bankruptcy. If you have done all this work to get out of debt, you dont want it to all be in vain, just by one major crisis hitting you or your family. Theres nothing you can do to totally protect yourself from every type of catastrophe, but there are steps you can take to significantly reduce your risk.
The first half of this article is going to be on insurance, and well start with the type of insurance that is most likely to save you from being completely wiped out, medical insurance. This is one a lot of people choose not to buy because its quite often very expensive. This is a very dangerous decision, though.
You never know when you will need medical care and we all know it isnt cheap. Even if you are in perfect health, medical conditions can pop-up over night. You could wake up tomorrow and either have a major internal problem show up, or possibly have an accident and break a bone. You can easily rack up bills in the thousands, ten thousands or even hundreds of thousands from a single...
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