Shebudgets
Not Buying Insurance
This is critically important as just mentioned. You absolutely need insurance to cover expensive medical procedures and even routine costs. Medical debt is one of the number one issues facing aging adults. The possibility of being broke due to medical bills is a real issue.
Do not leave yourself or your family in debt. Make sure you are properly insured and that includes gap coverage as well. Also look into term and whole life insurance (term is cheaper and more likely the best option the later you wait).