09:01 07 May 2013
More people than ever are probably wishing they had established a savings account earlier. There has been a drastic increase in the number of people visiting hospitals, which means more people are being stuck with medical bills they may be unable to pay.
With recent changes contemplated regarding debt, unpaid medical expenses for only £1,000 may be enough to cause someone to lose their home. No-one wants to be in that situation, so part of getting ahead with the seeming increase of illnesses will be making sure you have savings in place to help with those cumbersome medical bills.
What kind of savings account should you get?
It is never too late or too soon to begin a savings account, and accidents or illness can strike at any time. A savings account can mean a significant difference in how things turn out in the event of a crisis.
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