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But what happens if someone has a savings and happens to have say $50k in there and then they’re hit with a health issue that incurs a $25k hospital bill? Can they then come after you for payment if you have the money in savings?
But what happens if someone has a savings and happens to have say $50k in there and then they’re hit with a health issue that incurs a $25k hospital bill? Can they then come after you for payment if you have the money in savings?
In that case, yes they could. But things are different for a person who has 50k in savings, I wasn’t talking about them.
Yes, you’re punished for saving while those spend all they earned are rewarded. It’s a messed up system.