Making Cents: Financial expert shares advice on medical debt

August 6, 2026 - 02:34

As summer winds down, the focus shifts to back-to-school shopping, a time that can put a serious strain on family finances. Financial expert Kathryn McCall spoke with KCRA 3 this week to offer practical advice for Northern California families looking to manage the seasonal spending surge without going into the red.

McCall's first piece of advice is to take stock of what you already own before buying anything new. Many households have leftover supplies from last year, and a quick inventory can cut the shopping list significantly. She also recommends setting a firm budget before stepping into a store or opening a shopping app, and sticking to it even when deals seem tempting.

Beyond the immediate costs of notebooks and backpacks, McCall touched on a broader concern: medical debt. She pointed out that unexpected health bills are a leading cause of financial stress, and she urged people to review their medical statements carefully for errors. Simple steps like asking for a payment plan or negotiating a lower price with a provider can make a big difference.

The key, she said, is to prioritize. Cash flow should go toward essentials first, and any extra can be saved for emergencies. By planning ahead and staying disciplined, families can handle the back-to-school rush without sacrificing their long-term financial health.