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Why We Left Traditional Health Insurance

Family Balance Sheet

Health insurance is a touchy subject. Instead I’m writing about my family’s experience with traditional health insurance and how it has affected OUR finances. When I resigned from my corporate job, my boss asked me what my husband and I were going to do about health insurance.

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Family Office Manager

Family Balance Sheet

Chapter 17 in this book is titled, “Why not run the family office?” In highly affluent circles, a family office is a private wealth management firm that manages the finances and investments for the ultra-wealthy and their families. Hmmm, I wonder if the Kennedys have a family office?

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How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

They can cause a panic, especially when just one bill is into the four figures, like our property taxes or auto insurance! Our home owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, there have been years where we also owed the Federal government.

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How We Frugal-ed in June 2023

Family Balance Sheet

Instead, I look for creative ways to save my family money in all aspects of our lives. 2 – We opened up high-interest savings accounts and earned $250 in interest. We got a late start on saving for college so a large portion of our college savings has been sitting in our checking account earning zilch.

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Our 2019 Financial Goal

Family Balance Sheet

Save $10k in a savings account, specifically earmarked for medical expenses. I called around to several local attorneys to get prices for their services and we settled on an out of town attorney that a family member recommended. Why We Chose Medi-Share, an affordable solution to traditional health insurance.

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Create a Personal Escrow Fund | 31 Days to Organize Your Finances

Family Balance Sheet

By the end of the month, my goal is to help you have a detailed financial plan for your family. Do you go into panic mode when your car insurance bill arrives? Our personal escrow fund includes: home owners insurance – due yearly. auto insurance – due yearly. life insurance – due yearly.

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An Update on Medi-Share – September 2017

Family Balance Sheet

As open enrollment nears for many health insurance plans, I thought this would be a great time to give you an update on Medi-Share, the health sharing ministry that we are using in place of traditional health insurance. Health insurance has been a long winding road for us over the last few years.

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