40% of Americans Are Making This Colossal Financial Mistake

Certain expenses in life are largely unavoidable -- home repairs, automobile maintenance, and the cost of putting food on the table. Right up there with these essentials is healthcare. Yet 40% of Americans admit that they never save for future healthcare expenses, according to a recent report by HSA Bank. As such, a good 20% aren't confident in their ability to handle an unexpected medical bill in the next year.

If you've been neglecting to save for healthcare costs, it's imperative that you change your tune. Otherwise, you may find that a single health event wreaks havoc on your finances and causes you a world of money-related stress.

IMAGE SOURCE: GETTY IMAGES.

Continue reading

Source Fool.com