Category - Budgeting

1
Invest Your Health Savings Account For Appreciation
2
Budgeting for Coffee Sucks, Try This Instead
3
6 Year End Tips for a Financially Productive 2017
4
How to Save On Holiday Spending
5
How to Tackle Debt

Invest Your Health Savings Account For Appreciation

Health Savings Accounts (HSAs) were just beginning to rise in popularity when Obamacare was introduced. Whether you believe in a right to healthcare or not, the Affordable Care Act made it much more expensive. The propaganda about it lowering costs has been proved false by the objective rise in premiums since its passage. In order to keep healthcare costs from rising, consumers have to have some skin in the game. For that reason, HSAs are part of every proposed replacement to Obamacare.

According to the “2016 Midyear Devenir HSA Research Report,” HSA account balances continue …

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Budgeting for Coffee Sucks, Try This Instead

Trying to cut back on your spending gets tedious when you focus on minute details. Yes, it’s important to track every dollar — but to feel anxious about spending on small purchases that you value because you’re trying to save more and spend less? That can quickly lead to budget burnout.

Preparing for and responsibly purchasing big-ticket items (from a laptop to a car to a house) is much more important than counting every last penny. Think about it. Does it make sense to stress over buying a coffee or spending an extra $1.99 to add guacamole but to have

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6 Year End Tips for a Financially Productive 2017

Maroon Bells – Photo courtesy of Jason Raskie

As 2016 comes to a close in a few weeks and we start into 2017, here are some good tips to consider to start 2017 off with some good strategies that will hopefully become habits.

  1. If you’re not doing so already, set up your payroll deductions to save the maximum to your 401k. There’s plenty of time to your payroll allocated so your deductions start coming out on the first paycheck in January. The 2017 maximum contributions are $18,000 for those under age 50 and $24,000 for those age 50 or older.
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How to Save On Holiday Spending

It’s that time of year when Thanksgiving comes and goes and before we know it Christmas will be upon us. For many people, this time of year means the giving and exchanging of gifts to family, friends and loved ones. It also means that many people will be worried about their spending over the Holiday season; with concerns of how to budget, going over budget, or amassing unwanted amounts of credit card debit.

Here are some ideas to help keep your Holiday spending in check in order to stick to your budget and avoid the trap of credit card debt …

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How to Tackle Debt

It can easily happen. Whether we’re trying to keep up with the Joneses or investing in our education, sometimes debt can add up quickly. The good news is that debt can be erased. However, sometimes what we know we need to do is different from actually doing it. Here’s a game plan to start chipping away at your outstanding debt. With time and persistence, we can eliminate debt and increase our net worth.

Let’s start with some definitions of debt. Debt is debt, but there is some that is generally better than others. Mortgage debt isn’t considered bad debt (unless …

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