When I mentioned that our stockpile has meant that I don’t need to go shopping, Mr. Credit Card pointed out an emergency fund provides peace of mind too. I hadn’t thought about our emergency fund much because it’s always there. In fact, so much of our finances are on autopilot that I hadn’t thought much about money in the midst of the medical-induced stress.
Not surprisingly, then, during the current medical crisis, money hasn’t been a source of stress – even though we’ve been spending significantly more on fast food and toys.
I haven’t seen anything on the actual medical costs yet. I expect them to be substantial, but I don’t have to worry about our ability to pay them. Because we’ve had good financial practices in place for years – namely, good health insurance, a flexible spending account with wiggle room, and a solid emergency fund – there should be more than enough money to pay the bills.
(Which isn’t to say that I’m not interested to get the explanation of benefits statement from our insurance company, because I’m very curious to see how much a three-day hospital stay can cost. Not to mention three trips to the ER and an ambulance ride!)