The HSA may be the most underused financial vehicle around. I wish more took advantage of its benefits. Many have never heard of it and those who know of them often confuse it with its cousin, the FSA. But the HSA, or Health Savings Account, provides some very powerful tooling to help you spend money on healthcare efficiently.
When in your 30s, you start getting the hang of life. At this age, you take home a bigger paycheck than your 20s. After some trial and error, you’re managing your finances better. Still, you maybe in some kind of a financial rut. You deal with financial challenges like student loans, credit card debt, mortgages, and childcare, but also dream of striking gold in the future.
Nothing quite beats the thrill of entrepreneurship. Whether it’s opening your own coffee shop, running the family business, or building the next great app, self-employment gives you an exhilarating amount of control over your life. You can do what you want, the way you want, when you want to. But…
Finance can be a daunting place to navigate. Mutual Funds or ETFs? IRA or Roth IRA? What is a required minimum distribution? It’s no wonder people hire professionals to help guide them through this complicated territory. Of course, then, the most important question is: how do you find a financial planner you trust?
College is now the second largest lifetime expense that you can expect to tackle, surpassed only by the cost of buying a house.