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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Credit card debt Date:  9/6/2012  11:22 AM
Author:  MetroChick Number:  305889 of 312155

so emergency medical debt is still living above your means

Basically that would mean anyone without millions to cover the possibly countess emergencies one could face is "living above their means" - since anyone can encounter a medical event or multiple catastrophic life events at the same time that their savings might not be high enough to handle, even if they were living well below their means up until the point of the emergency and catastrophic events.
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