So losing your retirement savings and your children’s education fund and possibly your home and not being able to afford what we would consider to be the basics for a reasonable standard of living because your kid gets sick doesn’t need to be looked at ‘as a bad thing’.
How then would you describe it?
Hi Freddie,
Hospitals will work with you on creating payment schedules and may even forgive your debt. I have helped someone in this circumstance and watched 10s of thousands of dollars being forgiven.
If you choose bankruptcy (and that is a choice, not a requirement) keeping a home and car can be done.
I’m not sure what you consider to be a reasonable standard of living and I am guessing that that would vary pretty widely from country to country and among different communities within a given country.
I’ve been very poor myself (much poorer that that which you describe) and no that what I have is a blessing and not at all guaranteed for any amount of time.
I’ve also experienced healthcare emergencies without insurance.
And I continue to say, this does not have to be looked at as a bad thing.
My grandparents spent over a decade paying off medical bills, one payment at a time, after my grandmother suffered a severe fall and a very high risk pregnancy. I grew up on the stories and never heard a word of complaint. As you might imagine, home ownership was not in the cards, let alone a retirement account and our family never heard of education funds…those notions didn’t apply to our circumstance.
We help each other and we help others. i never heard the word subsidiarity until I was well into adulthood, but we were raised on it and continue to practice it. It’s a Catholic approach to some of these challenges and one that I think can both help those who have fallen on hard times and recognize and respond to individuals at a very personal level.
I don’t have a lot of money to share with others, but I do share, and i have a gift for being able to help people sort through some of the bureaucratic entanglements associated with these issues in my area. We give according to our gifts and build a stronger community through doing so. I think that it is quite likely that I will be poor at the time of my death. Poverty is not a crime and it does not detract from my value which comes from being a child of God.
I think sometimes that we have become so concerned about material things that we have lost sight of the source of our true value. I also think that we are, at times, afraid to acknowledge that life on this earth has tragic aspects and that none of us are immune to this. How we honor God and each other as his creations can include acknowledging this and reaching out at the individual level or the communal level. Giving money to the state to take over this role can decrease our connection to each other and shift the focus in ways that I think are less likely to uphold our value as coming from God.