Unexpected changes are part of life. No matter how hard you might try, it's impossible to plan for every eventuality. Some changes—marriage, birth, a new job—are joyous, while other changes— unexpected death, job loss, divorce—can be devastating. But, regardless of whether a life change is positive or negative, it's important to remember a change to your FSA can help.
Waiting to get reimbursed from your Flexible Spending Account (FSA) for an FSA-eligible item is tedious—filing paperwork with your FSA administrator, waiting for approval and paying out of pocket in the meantime. Luckily, the FSA debit card streamlines the process.
It's embarrassing when your credit card is declined because it feels like everyone—the people in line and the cashier—is looking at you. The good news is that you typically know how to handle it: call the bank, try a different card or check your balance. But what happens if your FSA claim is declined? It often feels similar, but the next steps can be confusing. Here's everything you need to know if your FSA card is denied.
The limited-purpose FSA is a tax-free health account that functions similarly to a standard FSA—it lets you save money on eligible health expenses. But as you probably guessed from the name of the account, there are additional eligibility limitations. Luckily, the limitations are easy to remember.
If you're ever been alone and needed medical treatment, then you know the concerns about being unable to get help. The last thing that should be on your mind is how you'll get there, much less how you'll pay for it.
Choosing the right budget travel destination can be an easy way to save money, avoid crowds and relax in style. When you pair the perfect location with credit card rewards, you might be able to put together the vacation of your dreams for a fraction of the typical price.
If you’re an avid shopper at Old Navy or any other Gap Inc. brand store — Athleta, Banana Republic or Gap — it might be a good idea to apply for an Old Navy credit card.
Making the decision to go back to school for a graduate degree wasn’t easy. I had an excellent full-time job with flexibility, great co-workers and excellent benefits. But when I thought about my long-term career, I knew I wanted to take a different path. I didn’t want a different job — again, my job was great — I wanted a different career.
In 2017, I traded my marketing job for a full-time graduate teaching program. Even though a career change is nerve-wracking, it wasn’t the change that sca...
Back in college, I read all the time — from textbooks to summer beach reads. But since I’d been hustling in the “real world” for a few years, reading had faded from focus, and I’d started thinking of it as a hobby I could no longer afford to do. Still, I missed reading and wanted to change that.So last January, I set out to accomplish one big goal: to read 60 books. At more than one book a week, it felt like a worthy challenge.Not only did I hit my goal, but I learned over the course of the year that reading is actually a hobby I can’t afford not to do — thanks to these key financial benefits.
Making a house (or apartment) feel like a home is not always an easy task. There’s a lot to consider — colors, furniture, decorations, renovations — the list goes on and on. And most of these things come with a price tag. Whether you've recently moved into a new home or are simply ready to make your current place look and feel more comfortable, these simple tips will make your home look (and feel) beautiful without breaking the bank.
Earning less than your friends sucks – in just about every way. Let’s be real: you don’t want to be seen as a failure. You also don’t want your friends to look down on you for saying “no” to dinner invites.At the same time, it’s important to keep your friendships, dignity, and budget intact. We get it. If you’ve ever felt anxious about evenly splitting the bill at a restaurant or bummed out about declining an invite for a group trip, you’re not alone.
People learn differently — and these learning styles can carry over to how people interact with their finances, too. You may not have thought about this before, but tailoring the way you learn about money based on your preferred learning style means you're more likely to excel at managing your finances.
In April 2011, Bob Lai, then 28, got down on one knee and proposed to his girlfriend, Ayoe, at her 30th birthday party in front of their friends. Just a month later, the college lovebirds said “I do” at one of three wedding celebrations. If you’re thinking, “Hmm, sounds expensive,” you’d be right—and wrong. In 2011, the average wedding cost about $27,000, yet the Lais managed to spend less than $7,000 on all three of theirs.
I stopped drinking alcohol in Sept. 2017 due to an unexpected shift in my desire to drink. The biggest surprise from this is how much that change affected my budget. I looked back at the previous six months and found I've saved $500 simply by not purchasing alcohol.
Prior to cutting it out, consuming alcohol was a weekly (and often spontaneous) occurrence and I had begun to feel the strain on my wallet.
Millionaires come from all walks of life, but research shows they share some key habits that helped them climb (and stay) at the top of their financial games. Upping their financial IQs and reading are two big ones—so it’s no surprise many millionaires credit books with helping them shape their money mindset.