article thumbnail

7 Steps To Homelessness And What To Do If You Get There

Prairie Eco-Thrifter

Discontinue Insurance. Since she could no longer afford to pay it, she stopped the home insurance and stopped using the cars she inherited (also free and clear). Her health care is via the Veteran’s Administration as she has no health insurance. She charged up credit cards to buy food and clothing.

article thumbnail

Seven Retirement Lessons Learned

Prairie Eco-Thrifter

Health insurance is a bit more pricy than when employed, but less than a lot of other people pay. We didn’t count on the psychological effect on me though. If I die first, he can rescind the survivor benefit to increase his monthly pension amount.