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Marriage and Debt

No matter how hard you try to reduce your debt on your own, it’s pointless if your spouse isn’t doing the same. All your effort won’t be realized unless your spouse understand the importance of clearing debt, starting savings accounts and gaining interest instead of paying interest.

It was Mrs Lakendary’s friend birthday. We got a last minute message from her friend that she would celebrate her birthday at a restaurant and only invite her two closest friends. Since Mrs Lakendary’s friend is actually doing something for her birthday which she usually hasn’t in the past, we felt obligated to get her a gift.

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Medical expenses

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Its winter here in the southern hemisphere and I’ve been hit really bad with the cold. Not only am I physically sick, but my finances is sick too. I never expected it to be this bad. I mean when I started working for my current employer I purposely chose the medical aid with lowest monthly contribution (the one recommended for 20-30 year old). But that backfired on me this year.

During January/February I had terrible back pain. I went for two doctors consultations before I was finally told to go see a physiotherapist who sorted my back pain out in less than two weeks. I only have 10 free consultations per year, so the one consultation was wasted. And I also racked up medical costs for pills and a cream that didn’t work.

In March I traveled to another country and suffered from food poisoning so bad that I ended up in hospital, my first time I ever spent any amount of time in hospital. I raked up a bill of $900 of which my medical aid scheme only pays half.

In May I got the flu but I thought that I should not waste my consultations. I just got some flu medicine and paid out of my own pocket for it. Its not done yet. Three weeks ago I developed a nasty cough. I just bought cough syrup. We had a tight deadline at work so I pushed through the entire week which took a big toll on my body. Finally I couldn’t take it no more. Got some time off work to recover. My wallet didn’t get time off. Admin fees, medical fees and medicine had to be paid for.

Today I came down with the cold again. This must be the sickest I’ve ever been. What rotten luck. More medicine. More medical bills. I couldn’t afford to pay cash for the medicine so I had to charge it to my credit card. Total cost in medical expenses over the past two months totaled to $277 and year to date is $727. That is much more than I ever expected it to be.

I do realize now the importance of staying healthy and having an emergency savings fund. More fruit and vegetables and some exercising is in order. First things first, I want to get well soon.

Until next time.