A Health Savings Account (HSA) is a great way to save money for medical expenses if you have an HDHP (high deductible health plan) plan. For most people, employers offer these plans and choose an HSA administrator for the plan. But in some cases, you may have to choose your own HSA administrator. To choose …
Every summer NPR’s Planet Money releases a series of summer school podcasts on economics and investing. In 2020, the focus was on microeconomics. For 2021, the topic is investing. The episodes are crash courses on the topics and explain complex topics in an easy-to-understand way. Each podcast is about 25 to 35 minutes. NPR’s Planet …
NPR Planet Money Summer School – Great Educational Resource For Teens And New Investors Read More »
Visiting national parks is an affordable way to have fun and relax. National parks offer camping and hiking opportunities that take your mind off work and the stresses of daily life. You may even learn a thing or two about nature, science, and history. Some national parks are free all year while some charge entry …
How To Visit National Parks For Free (Includes Fee-Free Days For 2022) Read More »
If you are self-employed and have some self-employment income, you can contribute to a solo 401(k) account. A solo 401(k) offers many of the same benefits as a traditional 401(k) but there are some important differences. Solo 401(k) is sometimes called a one-participant 401(k), individual 401(k), or self-employed 401(k). Lot of different names, but it’s …
Solo 401(k) – What You Need To Know (+2022 limits) Read More »
You use credit cards to make your tax payments (regular tax payments and estimated tax payments) to the IRS. IRS uses third-party processors to accept credit cards. As you can see below, you will pay about 2% in fees if you pay with a credit card. Remember that there are no fees if you pay …
How To Make Tax Payments With Credit Card (And Profit) Read More »
HSA is a pre-tax account savings account that allows you to set aside money for qualified medical expenses. You can use these funds to pay deductibles, prescription drugs, eyeglasses, or other qualified expenses. You can even use HSA funds to purchase OTC medications. In most years, IRS announces inflation adjustments for HSA contributions. So what …
HSA Contribution Limits (Updated for 2022 and 2023) Read More »
If you get paid on Fridays every week, there are five months in 2022 when you will get five paychecks. Five paycheck months in 2022 are April, July, September, and December. The best way to put the extra money to use is to make your monthly budget based on four weekly paychecks rather than five. …
5 Paychecks Weeks In 2022 + What To Do With The Extra Money Read More »
In my area, Costco gas is about at least $0.25/gal cheaper than at other gas stations. That’s regular gas. If your car needs premium gas, your savings could be more than $0.75/gallon. Because of that, we sometimes see long lines at the Costco gas station. But how much money are you saving each year by …
Costco Gas – Savings, Rewards And Whether You Need To Membership To Use The Pump Read More »
Most employees get paid twice a month or biweekly. If you get paid biweekly, there are two months in 2022 in which you will get three paychecks. If you get paid twice a month, you will get 24 paychecks a year – usually on the 1st and 15th of the month. But if you get …
3 Paycheck Months in 2022 + What To Do With The Extra Paycheck To Improve Your Finances Read More »
Most Americans don’t have much choice when it comes to choosing their internet service provider. If you are lucky, you may have two or three options in your area. Companies like Comcast (Xfinity) have used this lack of competition to their benefit by raising prices every year. Their bills are opaque and consumers are often …
