Many people are shocked when they first find out about the high cost of cosmetic surgical procedures. Generally, cosmetic surgeon will change anywhere from a few thousand dollars to tens of thousands of dollars for a single surgery, depending upon the complexity of the operation or procedure. Included in those expensive costs are not only the plastic surgeon’s costs, but also the costs of the the hospital staff, hospital facilities and accommodations for recovery. You may need to include your loss of income while recovery.
Nowadays, cosmetic surgery is not exclusively for the rich. The average kind of elective plastic surgery client only makes about $50,000 a year. As most of you are aware, optional plastic surgeries aren’t covered by any sort of health insurance, leaving most people to pay the bills with other means.
Three Different Ways to Pay for your Plastic Surgery
1) Savings: Yes, you may be able to save up the cash, but it may take several years, depending upon the cost of the plastic surgery you need. Most savings institutions have low interest rates right now, so don’t plan on making much interest. The expenses of most cosmetic surgery procedures rise from one year to the next so saving a specific amount of cash could be difficult.
2) Home Loan: Most home equity loans do not have many restrictions on how the money can be spent. Some cosmetic surgery operations are very costly and a big loan may be needed. If you own your home and it is worth more than your remaining mortgage, then you might be able to get a home equity loan to pay for your plastic surgery.
3) Micro Loan: Peer-to-peer loans allow hundreds of people to loan you very small amounts of money at a remarkably low interest rate. There are many internet based peer-to-peer loan sites that will loan you money as long as your credit score is not too bad. This is one of newest ways of being loaned money.
You have to consider plastic surgery to be an investment in your physical health and career. The idea of borrowing money (from the bank or friends) for something like plastic surgery may frighten some people. Some plastic surgery operations come at a high price, but the rewards of a quality procedure (no botch jobs) will frequently outweigh the economic cost.