Through trial, and lots of error, I have found a couple of options to help manage our out of pocket (OOP) medical expenses — a Health Savings Account (HSA) and a Flexible Spending Account (FSA).
Tag Archives | finances
Any amount of savings that you can build into your budget is better than zero. This is because the idea with retirement is compounding. Thanks to compounding, it is never too early or too late to save for retirement. Here are some items to get you started saving, or if you’re an established saver, some […]
Here are some ways you can encourage and teach your kids to be responsible spenders and savers.
When I got to college, having my own income was great . . . but so was the excitement of credit cards. Credit cards felt like free money! Not having a lot of financial experience up to that point, I didn’t quite know what to do with all my newfound freedom.
I’ve found the key to saving your sanity and your marriage during this process is to talk about it regularly at a previously agreed upon time. Yes, I’m talking about a meeting. I know it sounds painful, but I promise it’s not that bad. If you do the budgeting process as a team, you will be […]
If you have a party in the near future, there are a few secrets you can follow to turn your vision of a perfect party into one that is enjoyable from the beginning to end without thinking about the investment the following day.
Five years later, we are still using those same principles, with some flexibility, now that we know what works for us. I am not an expert in finance, and our strategies were simple. Here are some practical things that helped us reach our debt free status.