(BPT) - It's that time of year again when you may find a little bit of extra money in your pocket, thanks to your annual tax refund. There are plenty of practical ways to spend it, such as putting it toward paying off credit cards, loan payments or even starting a college fund, but there is always something tempting about taking that money and putting it toward something just a little bit more fun.
Health savings accounts (HSAs) are like personal savings accounts, but the money in them is used to pay for health care expenses. You -- not your employer or insurance company -- own and control the money in your HSA. The money you deposit into the account is not taxed. To be eligible to open an HSA, you must have a special type of health insurance called a high-deductible plan. Why were health savings accounts created?
Making a resolution to improve your finances puts you several steps closer along the road to a better bottom line, based on data from Fidelity Investments' eighth annual "New Year Financial Resolutions Study." Looking for a resolution that will pay off and pay dividends? Simply resolving to pay more attention to your finances improves the chances that your financial health will improve.
Your child is a sprout that keeps growing, so why not start by planting a seed in their brain to make wiser financial choices for their future? With today's economy in a tight crunch, it's more important than ever to start introducing your kids to the world of shiny coins and green bills. To ensure kids learn valuable lifelong financial skills, money lessons should really start around the ages of 5 or 6.
A grocery budget can get out of control fast, so it pays to be frugal. Without proper planning, an extra $100 or more can disappear from a monthly budget very quickly. Here are some tips to help save some cash, along with some sanity, at the grocery store.