I took my two big kids to the dentist yesterday. Audrey was scheduled to have a cavity filled and Willy, his first check-up and cleaning. Being self-employed, we do not have dental insurance and pay through the nose for health. So, we pay cash for all dental procedures. I was ready to pay the total in full with my “medical” envelope and receive the office’s 10% cash discount.
In the middle of Audrey’s procedure, the assistant came out and sheepishly said, “The cavity was deeper than we thought.” Turns out the dentist had to perform the kid’s version of a root canal.
I thought, “That doesn’t sound cheap.” And it wasn’t. Our total for the day was $571–much more than I had expected and the office had projected. And guess what? The boy has two cavities. $300 more in January.
This stinks, but is not devastating. In the fall of 2006, Will & I attended Dave Ramsey’s Financial Peace University. What we learned transformed our financial life.
We have been saving religiously every month for the past two years for an event just like this one. We intentionally say no to some stuff that we can afford to make sure our fannies are covered. We had cash to pay our midwife for Nate’s birth in 2007, the dentist yesterday and enough to cover our January visit. And more for the future.
This is one lesson I’m glad we learned the easy way: save, save, save for a rainy day and make sure your umbrella is big enough to cover your fanny. And my fanny’s always bigger than I think.
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