Tax Refund? Why Not Invest in Your Dental Health?
Every year, nearly two thirds of Canadians receive a tax refund*. The average refund for 2021 tax year was roughly $1,757 and while it can be tempting to use this money to go on a shopping spree, it’s important to remember that dental care is not only a wise financial investment but also an investment in your health.
How Do People Typically Spend Their Federal Tax Refund?
Despite the temptation to spend the money on something frivolous, most people actually spend their tax returns on personal finances (hello high costs of living these days!) or home renovations. Many even reinvest their tax refunds.
These statistics are reassuring. At My Family Dental, we would like to think a percentage of tax return funds are being set aside for dental care, too.
The Importance of Dental Health
Nothing is more important than your health. Spending money on your oral health now can lead to a longer and healthier life.
Poor oral health not only causes painful teeth and gums, but it’s also shown to have a connection to heart disease, stroke, and other inflammatory diseases. It can also be an indicator of other health problems. Research shows that more than 90% of all systemic diseases like diabetes and oral cancer have oral symptoms that can be diagnosed in its early stages by a dentist.
Look at it this way—a crown may cost $1,000, but you’ll have it for the next 20 years. If you break that down, that’s only 20 cents a day! That’s a small price to pay for good oral health (and pain-free chewing!).
A Wise Financial Investment in Your Dental Health
Spending a little bit of time and money on your oral health now will save you a lot of time and money in the future.
Dental care gets more expensive the longer it’s neglected. Brushing, flossing, and regular checkups aren’t hugely expensive in the scope of things, but when you don’t brush, floss, and see your dentist as recommended, you can develop serious dental problems like periodontal disease and cavities. More serious dental problems lead to more expensive dental treatment like dental surgery and dentures. It’s an expensive and painful chain of events.
What if you took care to avoid dental problems with routine trips to the dentist? You won’t find a better return on an investment than that.
When you’re considering what to do with your tax refund this year, consider investing it in your oral health.
Contact us at My Family Dental to schedule your appointment today!
* Choi, Barry. Financial Post, May 13, 2022. https://financialpost.com/moneywise-pro/growing-money/barry-choi-survey-reveals-what-canadians-plan-to-do-with-their-tax-refund