First Base

You’re on first if you have health insurance. Before you direct your money anywhere else, you need to protect both your health and your finances from medical emergencies and the costs that come with them.

Many employers provide or subsidize health insurance, but if you’re unemployed or your job doesn’t offer coverage, you will need to purchase a plan on your own (financial assistance is often available, depending on your income).

You’re ready to move to second base once your coverage is sufficient and you understand (and can plan for) the monthly cost.