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For years, Americans have been schooled on the benefits of saving: for retirement, for a child's higher education, and even for a rainy day. It's time to add another item to that list: health care. As health insurance premiums, deductibles, and co-pays rise, the need to set aside funds specifically for medical costs has become a reality for a growing number of people.
There has been much said about the loss of American manufacturing jobs over the last two decades and the far reaching negative effects on the middle class household and the greater American economy. For many years, globalization of manufacturing has left America importing more goods. Today there are significant signs that this trend is beginning to reverse.
For slightly less than what most people pay for their first house, you can send your child to college. That’s according to a recent study by the College Board that found the average in state public college cost of attendance to be $22,826 per year and the average private school cost of attendance to be $44,750 per year for the 2013-2014 academic school.
