A health savings account (HSA) is a savings account in which you can set aside pre-tax money to use on qualified health expenses. By using this untaxed money on deductibles, co-pays, and other expenses you can lower the overall cost of your healthcare. An HSA is only available with high deductible health plans (HDHP). Most […]
If you had a swimming pool in your backyard where I grew up (in Maryland), it meant you were doing pretty well financially. Today, I live in Arizona, which means I have to have a swimming pool if I want to survive the summer heat. It also helps with resale value although I don’t plan […]
Financial Planning & Goal Setting As A Couple Setting goals and using the SMART goal setting formula can greatly increase the likelihood of actually turning your hopes and dreams into a reality. What’s more, according to a study at the Dominican University in California, sharing your goals with a trusted friend or family member will […]
Life Insurance is one of those things that some people would just rather not talk about and it’s likely that it’s because as a culture, we don’t like talking about death. Sadly, 40% of Americans do not have any life insurance, so I would say it’s something we need to talk about a bit more. […]
A goal without a plan is a dream, and statically most Americans are living a financial nightmare. We are not a nation of planners or savers, and I am a part of a movement that does not want to settle for the status quo. More so, I am part of a movement to help inspire […]
Last October I attended a conference for those who work in the field of personal finance, called FinCon. At this amazing event, I got to meet New York Times best selling author David Bach who was one of the keynote speakers. I was also fortunate to get a signed copy of his book titled, The […]
I am going to share with you what I believe are some very alarming financial statistics. Perhaps you will look at them in gratitude, knowing that you are in good financial shape. If not, hopefully they will serve as motivation to take the steps necessary to reposition yourself financially. Take a look at these numbers, […]
How much money should you have in an emergency fund? Are emergency funds really necessary? How can I stash money away, when I can’t even pay the bills on time? These are all questions that haunt the many of us on a regular basis. Myriad articles talk about having money set aside for a rainy […]
