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Tag: pay yourself first

How I Manage My Health Savings Account

How I Manage My Health Savings Account

How I manage my HSA

A lot has been said about a Health Savings Account (HSA). It is by far the best tax-advantage vehicle created by mankind that allows eligible individuals to divert a portion of their income to an account from which they can reimburse eligible expenses tax-free and efficiently save for present or future health care expenses. If you have not yet taken advantage of an HSA, I highly encourage you to think about it but more importantly, to do your due diligence to evaluate if it would be beneficial for your personal situation.

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The Case for Paying Yourself First

The Case for Paying Yourself First

Paying yourself first is a very popular phrase I came across when reading The Automatic Millionaire by David Bach. He also happens to be the one who created the movement around the “latte factor” but that’s one topic that deserves its own discussion.

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Net Worth: The Holy Grail of all KPIs

Net Worth: The Holy Grail of all KPIs

Before getting into the details of what net worth is and why it’s critical for achieving FI, it is important to take a step back and understand key performance indicators and the role they play in providing important information to explain our progress towards meeting our individual goals.

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