Re: [at-l] Monetary Matters

["W F Thorneloe, MD" <thornel@attglobal.net>]

Finances are an essential part of planning for a hike. You can do a hike on 
very little, but you will miss much of the town experience, have risks if 
you get injured or have a major equipment failure, or such.

You should consider talking with your banker, lawyer, or other advisor 
about having a Power of Attorney to manage financial and legal affairs in 
your absence. An updated will may be advisable. Reviewing your health 
insurance is an excellent idea - you would hate to learn it is canceled 
when you checked into the ER for a stress fracture.

I really doubt $1000 for typical hiking expenses over 4-5 months will be 
adequate. Double or triple that makes more sense. Otherwise, get real used 
to sleeping outdoors and limiting your menu.

OrangeBug
Atlanta, GA

At 10:59 PM 2/1/2000 -0500, RezFactor@aol.com wrote:
>...And what if, when I do my taxes, that I OWE some? Then
>I'll REALLY be in trouble! So, what I think I'll have to do is SELL MY CAR to
>pay off my debt so I don't have to make payments while on the trail. I'm
>really worried that I might start the hike with less than $1000. (I may be
>able to have just that amount).

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