Money magazine ran a piece on "Four Ways to Cut Your Medical Bills" which inspired this response in a letter to the editor:
Here is my list of free measures that can be taken to save on health care costs that are usually underutilized:
1. Don't get overweight. 2. Do get some regular exercise. 3. Don't smoke. 4. Don't overuse alcohol or don't use it at all. 5. Don't use illicit drugs. 6. Do get enough sleep. 7. Do wear your seat belt.
Over my 31 years as a practicing internal medicine physician, most of my patients would have been better off just following these rules.
My thoughts on these:
1. I work out six times per week (three days of weights and three of cardio.) I also have a trainer that I meet with regularly. I have lost 20 pounds and am in the best shape of my life. I know that there are health reasons to be the right weight. I also know that .
2. In addition to what I said above, I feel better when I exercise too. There are many . For one thing, it which is .
3. I've been writing a long time about not smoking. Check out this post from 2005. My summary then holds true today: You're paying a lot of money to kill yourself. ;)
4. I don't use alcohol as I have a policy against drinking my calories. Besides, I generally don't like the taste.
5. Uh, no drugs.
6. If you work out, you'll probably sleep better (I do). And .
7. Of course. Does anyone NOT wear their seat belt these days?
How about you? How do you rate on these seven tips?
Here's a piece from Money that says Americans paid . The details:
In 2016, U.S. consumers paid a total of $15 billion in fees for bouncing checks or overdrafting -- which is when a customer tries to make a purchase without enough money in their account to cover the transaction -- according to new data released by the Consumer Financial Protection Bureau.
He also pointed out that the average amount of money consumers overdraft by is about $24 -- but that banks often charge fees of around $34 for each overdraft incident.
I don't know why I'm surprised at stuff like this any longer.
You'd think that after all these years of blogging that I'd have it ingrained how poor Americans are at money management and nothing would shock me.
Then something like this comes along.
$15 billion in WASTED MONEY. That's what this is saying. People spent money they didn't have and ended up not only paying the original bill but actually paid $15 BILLION more.