In today’s financial climate, the best way to avoid getting caught up in debt is to take advantage of the low interest rates available to low-income and working-class families, especially those living paycheck to paycheck.
In the U.S., there are more than 1.3 million people living paycheck-to-paycheck, according to the Federal Reserve.
That’s more than one in every 30 Americans.
And while there’s no guarantee that the interest rate will stay the same, it’s likely that those rates will go up.
That means if you earn less than $18,000 a year, you’re out of luck.
Even if you have the money in your checking account to pay off your bills, you need to have a plan in place to cover your expenses.
That includes how much money you’re going to pay each month.
The cost of living varies dramatically from state to state, so you’ll want to research where your home state is located and how much you’ll be spending each month on health care.
Here are some ways to make sure you’re not paying the price for a health care debt.
First, make sure your monthly payments are on time.
Make sure that you make a payment on time each month by making the necessary checks, giving your credit card the required amount, and making your mortgage payment.
That will help you make the best of your money.
Second, get some credit for the extra expense you’ll incur when it comes time to pay the bill.
That way, you can be sure you won’t incur unnecessary financial debt.
Third, consider how much additional money you’ll need each month in order to cover the medical bills that come with being uninsured.
If you’re struggling to make ends meet, consider finding ways to pay more toward your medical bills.
And if you need more help getting out of debt, check out NerdWallet’s Nerd Debt calculator.