Joel covered a lot this week, so here's a quick outline of what you need to know to get yourself on your way to financial happiness:
HSA contribution limits are increasing for the year of 2024! Couples are going to be able to put up to $10,000 into their Health Saving Accounts next year! This is great for savers and investors because HSAs are triple tax advantaged because you pay no tax on contributions, no tax in any growth, and no tax when you use the money for spending on qualified medical expenses. If you need a full breakdown, check this out and learn about how great HSAs are!
Money Move of the Week: Change your air filters! Changing them every 90 days will help make your system run more efficiently, saving you around $150 a year! It's simple and boring but that's good money you could be saving!
Producer Victor moved in with his girlfriend recently! As he's going through this major life upgrade, he wanted to ask Joel about saving for short term goals for his new apartment. Some of the short term goals he has are things like upgraded furniture, a nespresso, and a nicer television. One of Joel's biggest pieces of advice is to scour deal sites for sweet deals on some of the things that he wants.
Check out this week's show below!