Tag: money matters
For most people, purchasing a home is the largest, most significant investment they will make in their lifetimes. Not only does a house come with a big price tag, but it also is the place we call "home," needing nurturing and care just the families we raise inside its walls. So, it makes sense that whether you are buying or selling a home, you want to make the wisest and most financially solid decisions.
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).
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 suggestions.
According to the College Board, the average price of tuition for 2017 is $9,410 for a public four-year (in-state student) and $32,410 for a private four-year college. It is hard to know what it will cost in 18 years; many people say the trend of around a 6 percent annual increase will continue, while other reports think the bubble will burst at some point. What we can be certain of is the cost of tuition will be more than it is today.
Fast forward several years and my youngest son is now living with Celiac disease, an autoimmune disorder that over time causes intestinal damage when you eat gluten or wheat. His doctor confirmed the only "treatment" would be for him to adhere to a strict, gluten-free diet. This time I had no choice but to educate myself on what it meant, how to follow it, and, most important, how to afford it.