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Getting Started Investing: Some Common Terminology!
We’ve talked about the different types of investment accounts one might choose, and the importance of getting started now rather than later. Once you do start dabbling in investing (whoo-hoo! go, you!) you may come up against some terms that might sound completely foreign. There is a belief that this is all done on purpose…
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It’s Tax Time! What’s New Filing Tax Year 2022!
If you have taxes on the brain right now, you’re not alone! The IRS officially opened their doors to process Tax Year 2022 returns on January 23. This year, we have until April 18th to get our taxes done. Although I am a certified Volunteer Income Tax Assistance (VITA) tax preparer, I am not a Tax…
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Getting Your S.H.I.T Together in 2023! (Savings, Housing, Income & Taxes)
Welcome to getting your S.H.I.T together in 2023! No, the other (financially specific) S.H.I.T: Savings, Housing, Income & Taxes. Let’s do this! Savings: Do an audit: identify what’s coming in and what’s going out monthly, also known as creating a Spending Plan (or a Budget but that sounds so restrictive! The purpose here is YOU are telling…
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How My HSA Saved Me from Succumbing to Medical Debt this Year!
Since we’re still in Open Enrollment, I just wanted to post a quick personal story of how my Health Savings Account (HSA) really saved me from incurring major medical debt this year! We’ve gone over how the use of Sinking Funds can help us to save up for things all year. This is the strategy…
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HSA: A Tool for Retirement Savings!
Since we’ve had Open Enrollment on the mind, let’s take a deeper dive into the Health Savings Account! Specifically, how we can use it as a “look back” in order to reimburse ourselves for old medical expenses, and also as a “look forward” as a tool in order to build wealth for retirement! If you’re…
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Health Insurance Benefits: FSA vs HSA
Let’s talk Health Insurance Benefits! It’s nearly that time of year where we sit down and decide our health coverage for next year, otherwise known as Open Enrollment. If you’re lucky enough to have health insurance benefits through your employer, during Open Enrollment, you may be presented with a variety of plans that your company…
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Surviving Covid (or any Health Crisis) Financially Intact!
As I emerge from the Covid quarantine bubble..I’ve got money & health on the brain! My personal experience with Covid these past couple of weeks (aside from feeling like I’d been hit by a truck!) took me away from my main source of income for several days and, I’m lucky enough to say, did not…
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Tax Deadline Reminders!
Attention, taxpayers! The deadline to contribute to your Individual Retirement Account(s) (IRA & ROTH) and Health Savings Account (HSA) is approaching–as well as Tax Day itself! Most of us think of “Tax Day” officially as April 15th, but this year we have a few days grace, as it has been extended to Monday, April 18th.…
Unlocking Abundance 