I have gaps on both sides where I've lost teeth. It makes me very self-conscious and I can't smile. My dentist has recommended two bridges at a total cost of €5000. He's mentioned it to me again this morning (maybe he needs the cash!) but I'm beginning to think that now might be a good time to get it done.
Age 52 and single. Financial position is reasonably secure as I started doing regular monthly budgets last year. About €28,000 savings in the bank that will hopefully go towards a mortgage. €2,000 loan with the Credit Union for three years (I'm paying back €95 per month).
My original plan was to repay the loan from my savings. However, my latest idea is that I would keep the loan and pay for the dental work from my savings (I would only get one bridge done this year, at a cost of €2,400, not counting tax rebate and a discount from the dentist). Problem is, with my newfound budgetary skills I'm inclined to dip into my savings when expenses like these come up. Saving up for it would take years and years, so that's not a practical solution.
Perhaps I've answered my own question. What do you think?
Age 52 and single. Financial position is reasonably secure as I started doing regular monthly budgets last year. About €28,000 savings in the bank that will hopefully go towards a mortgage. €2,000 loan with the Credit Union for three years (I'm paying back €95 per month).
My original plan was to repay the loan from my savings. However, my latest idea is that I would keep the loan and pay for the dental work from my savings (I would only get one bridge done this year, at a cost of €2,400, not counting tax rebate and a discount from the dentist). Problem is, with my newfound budgetary skills I'm inclined to dip into my savings when expenses like these come up. Saving up for it would take years and years, so that's not a practical solution.
Perhaps I've answered my own question. What do you think?