'How to Make Your Money Last' by Jane Bryant Quinn has been updated. In an interview with CNBC, she reveals what she's learned after a lifetime of covering all things money.
But back to Jane. To those unfamiliar, she is the real deal on all things money, having practically invented the Personal Finance genre before it become a thing. Now, after decades of writing for Newsweek, Bloomberg News, CBS MoneyWatch, Woman's Day, Good Housekeeping and AARP , she's decided to take a step back and spend some time overseas.
But making a different life for myself all of a sudden and coming to live in Rome for a year, this has eased my transition tremendously because I had something hugely new to do and do right away.How to Make Your Money LastJBQ: Let me tell you what we did. And it was an eye opener! We looked for international health insurance, and you can get a policy. It doesn't cover pre-existing conditions, of course. It's like insurance in the U.S. before the ACA.
So what happened is I got pneumonia. So I can test this. I can tell you that my visit to a doctor cost me 90 euros, which is, you know, a little over, what, $100? I needed a CAT scan, too... I paid for my CAT scan as an uninsured person in Italy, 152 euros [around $165 U.SAnd so what do you do when you're uninsured? You say 'Thank God I am in a country that believes health insurance is a right, not a privilege.
And once you learn these things, I've pretty much put my personal finances on autopilot, just the way I suggest in the book.
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