If you have ever met with a financial advisor, you have probably been told about the importance of starting to save early in life. The earlier you start saving, the more time your money has to grow through compounding.
A trip to the doctor or to the pharmacy is a quick realization that the cost of healthcare is getting more and more expensive each year. You certainly don’t want to have a catastrophic event reveal how vulnerable you are to an influx of medical bills. Planning ahead, as always, has its perks. As an added bonus, you may be able to receive a tax break on some of these expenses.