The main reason all these wedding expenses get me all cranky is that I have a major medical expense to undertake this year. It’s not like doctors publish out their price lists. I guessed that I would need to save and so I socked away a few extra thousand in my Medical FSA account last year knowing I would incur some expenses. Little did I know how much.
So I have this emergency fund, which I will probably liquidate a portion of it to cover expenses. Then there is the medical insurance which doesn’t cover enough. What then? Well, the one saving grace of all this spending is that I will be able to deduct these costs from my taxes. I make X dollars and after insurance and FSA, I’ll still be spending over 7% of my taxable income on this stuff so I can take it as a deduction.
That’s the only saving grace of it all. I am going to have to run some numbers soon and see if I can change my federal withholding to put more cash towards my expenses.
Desperate people get creative. I’ve never brainstormed quite this much to make something happen. Well, ok. That’s not true. I got creative like this when I wanted to buy a house.
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{ 2 comments… read them below or add one }
Mapgirl:
Have you had a talk with your doctor’s billing person or your actual doctor?
I have seen stories about doctor’s doing a lot of unnecessary tests and things that do not do anything to make you healthier. You can read one of several articles I found on it here: Unnecessary Medical Tests
So if you talk to them you are not saying, “cut me a deal” You are saying you don’t want them to do stuff that is not necessary.
This may sound extremely cheap but if you talk to them there MAY be a possibility of saving you at least several hundred dollars.
Just let them know you would like to keep your expenses down as much as you can.
Thanks for the tip Alberen!
Unfortunately, there aren’t any tests being done. The costs are flat fees for what’s happening.
I’ve already talked to them about installment plans, but it’s not much of one. It’s 50% at time of procedure, and then 25% for the 2 months after. It’s just very very expensive.