I was recently invited to be a guest on the Ask My Mom Podcast and was able to chat with Jennifer about Health Savings Accounts (HSA’s)! Our chat lasted almost two hours (don’t worry, it has been edited down!) and we were able to explain how HSA’s work, who can use them, and debunk some common myths! Check out my Health Savings Accounts Explained Episode here!
I have talked about the benefits of HSA’s in previous posts, and I am still a big proponent of using this type of account if you are eligible, for people who are young and have minimal medical expenses. HSA’s can also be great tax savings for families where one partner and the children are on a traditional insurance plan, and the second partner has an HSA that can be used to pay for medical expenses for the entire family.
The Ask My Mom Podcast is run by a mother and daughter duo, Jennifer and Noel. They tackle the hard topics that no one learned in school, like finances, debt, taxes and so many other great topics. Some of my favorite episodes are about how to tackle your debt, break down the taxes on your paystub, and how to use retirement accounts to become a millionaire. They are a great duo and approach finances and life lessons in a kind and encouraging manner. I would recommend that you give them a listen and share it with any young people in your life who may need to learn from their wisdom!
Let me know what you think of Health Savings Accounts Explained! If you have any HSA questions or confusions, then ask away in the comments below and I would be happy to provide an answer or direct you to additional resources!
Pin Me!
Leave a Reply