Hi Michael. Love these check ins. Thanks! LOVE MILO too. Good boy! 🙂 An HSA can be a terrific investing tool in general because of the triple tax advantage. You can invest anything over a certain threshold and that can grow tax free. When you reach age 72, I believe you van take the money out for any expense, but it becomes subject to tax, but with no additional penalty. Also, you can hold on to them for life and they accrue interest.
Hi Michael. Merry Christmas. As a former Postal Manager I would say call your company to see if the check has been mailed. That way if it has you can have them put a stop payment on it and resend another one. Unfortunately mail gets delivered to the wrong address quite often and most people don’t return it.
How creating a separate checking account for the bills that are due yearly or quarterly? Put x amount per pay and let it sit. Then when an insurance bill, for instance, comes due, the money is there. No stress.
Why aren't I? Or why am I? I usually invest in that sinking fund line item weekly. Currently I'm not looking to buy any time soon.. But figured it'd be good to save in HYSA in the meantime
Hi Michael, do you feel like ally high yield savings account is secure? I have never used a HYSA and my big concern is security of my money, especially if depositing a larger amount. Also, great video, keep it up!
So i mean I feel it's as secure as any major online bank. I don't know specifics. I've had quite a but of money in it at one point and didn't have any concerns. Thanks for the comment!
Hi Michael. Love these check ins. Thanks! LOVE MILO too. Good boy! 🙂 An HSA can be a terrific investing tool in general because of the triple tax advantage. You can invest anything over a certain threshold and that can grow tax free. When you reach age 72, I believe you van take the money out for any expense, but it becomes subject to tax, but with no additional penalty. Also, you can hold on to them for life and they accrue interest.
Yeah i know they are great tools! I should probably check on the total of mine... Ive only invested in it for a year I think
Merry 🎄 Christmas Great transfer Tuesday😊
Merry Christmas to you too!
Hi Michael. Merry Christmas.
As a former Postal Manager I would say call your company to see if the check has been mailed. That way if it has you can have them put a stop payment on it and resend another one. Unfortunately mail gets delivered to the wrong address quite often and most people don’t return it.
Thank you for the info! It actually came later that afternoon thankfully
How creating a separate checking account for the bills that are due yearly or quarterly? Put x amount per pay and let it sit. Then when an insurance bill, for instance, comes due, the money is there. No stress.
I guess I should add a few items to my sinking fund accounts! Good idea
Hi Michael,
Can you also do you net worth checking with us.
Would love to see how you are making progress.
Will do soon
@@mttfinance thanks
@ you are the best
Make sure that hsa is invested.
I know it is I just don't know current total amount
I’m curious, why aren’t you investing your rental property purchase fund? How soon are you hoping to buy?
Why aren't I? Or why am I? I usually invest in that sinking fund line item weekly. Currently I'm not looking to buy any time soon.. But figured it'd be good to save in HYSA in the meantime
Hi Michael, do you feel like ally high yield savings account is secure? I have never used a HYSA and my big concern is security of my money, especially if depositing a larger amount. Also, great video, keep it up!
So i mean I feel it's as secure as any major online bank. I don't know specifics. I've had quite a but of money in it at one point and didn't have any concerns. Thanks for the comment!