Kirsten Jacobsen

Happiest of birthdays to this lovely man! Thank you for all you do for our family .jesper Wishing you continued, upward trajectory.

About last night…

Yes, it is that good!

Veterans, thank you for your service.

Veterans Day is more than remembrance
it’s recognizing the financial challenges
and opportunities veterans face.

As the daughter of a Navy Veteran, I understand
the challenges they face with their finances and
finding outlets to help after they leave service.

Transition Challenges:
⇢ Veterans often see a drop in income when
moving to civilian life, impacting savings and
retirement plans.

VA Benefits Gap:
⇢ VA loans offer great homebuying terms, but
not all veterans qualify or know how to navigate
the process.

Financial Education:
⇢ Veterans' financial literacy rates are below average,
showing the need for tailored financial resources.

📍This Veterans Day, let’s honor their service and
support their financial well-being.

📍Support charities that serve Veterans transitioning
from service to civilian life;
Vets2Industry or Bestmindbh.com

📍Veterans and families: What financial resources have
helped you most?

My ego is getting in the way of my financial wealth.

If you’re in your 40s or 50s, this one’s for you!

You might be telling yourself, “I can’t change now”— “You can’t teach an old dog new tricks.”

That’s just your ego talking!

How ego messes with your money:
🔸 Overspending: Trying to impress others can lead to debt.

🔸Risky investments: Chasing quick profits can mean big losses. (nothing wrong with risk but if it’s risk after risk without reward)

🔸Refusing help: Not seeking professional advice might keep you from growing wealth.

🔸Clinging to status: When you tie your identity to your income, you lose clarity.

The shift:
🔹 Become financially literate: Know how money works so you can make informed decisions.

🔹 Recognize societal influences: Understand how outside pressures shape your spending.

🔹 Reflect on your spending: Before buying, ask yourself why you’re reaching for your wallet.

🔹 Be self-aware: Ego and awareness can’t coexist—be mindful of how your ego impacts your finances.

To gain financial clarity, let go of ego.

When will you let go of yours?

Part 2: Is an HSA the Secret to Tax-Free Health Care Spending?

We touched on the basics of an HSA in Part 1.

Now, let's dive deeper into its features:

1. Eligibility: You need a high-deductible health
plan (HDHP) to contribute. For 2024, deductibles
must be at least $1,600 (individual) or $3,200 (family).

2. Contribution Limits: In 2024, you can contribute
up to $4,150 (individual) or $8,300 (family).
- Those 55 and older can add an extra $1,000 annually.
- Married couples need to have separate HSA accounts
for each spouse. Joint HSAs are not permitted.

3. Rolls Over: Unused funds roll over year-to-year,
and any interest earned is tax-free.
- HSA contributions never expire.

4. Covers Dependents: You can use your HSA for
medical expenses for your spouse and dependents,
even if they're not on your plan.

5. Portability: Your HSA stays with you, even if you
switch jobs or retire.

HSA = More control, more savings!

Are you taking full advantage of it?

Speak to a professional for more insights.

Hop on my calendar for a complimentary needs analysis.

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Samson and Daisy Aug 2024 - Wish I could use my HSA for my dogs vet visits.

Part 1: Is an HSA the Secret to Tax-Free Health Care Spending?

A Health Savings Account (HSA) can help you
save on medical expenses, but not everyone
knows the ins and outs.

Here’s what you need to know:

1. High-Deductible Health Plan (HDHP) Required:
You must be enrolled in an HSA-eligible HDHP
to open an HSA. With these plans, you pay more
out-of-pocket upfront but get tax perks through
the HSA.

2. The money you contribute to the account isn’t
taxed as long as you use it for qualified, out-of-pocket
medical costs, like:
- Acupuncture, Ambulance costs, Doctor visits, Hearing
aids, Prescription drugs, Psychological therapy/psychiatric
care, and Qualified long-term care services.

3. Catch-up contributions: If you’re 55 or older, you can
stash an extra $1,000 into your HSA every year.

4. Unused funds rollover: Any money you don’t spend
stays in the account and rolls over to the next year,
helping you save long-term.

5. Not eligible with Medicare: If you’re on Medicare or
have other types of coverage, you might not qualify
for an HSA. Make sure to double-check your plan’s
eligibility.

HSA = More control, more savings!

Are you taking advantage of it?

*Speak to a medical insurance professional for more
information.*

Hop on my calendar for a complimentary needs analysis.
It's in my bio.







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I forgot to post the first day of school pic. Selma August 2024 Junior Year.

Your credit score is more than just a number.

Ever thought about how much your credit
score matters?

It’s not just a number - it’s a snapshot of
your financial habits and how reliable you
are with money.

Why Care?

A solid credit score can get you better
interest rates on loans and credit cards,
saving you cash over time.

Here’s what you might not know:

1. Even utility companies and cell phone
providers might check your credit before
doing business with you.

2. A single late payment can dent your score,
but consistent, on-time payments help you
bounce back.

Heads up: Some cities send unpaid parking
tickets to collections, turning a $35 ticket into
a $500 headache that can haunt your credit
for years. Pay those tickets on time!

Your credit score is your gateway to better
financial opportunities.

Plus, it can be a dealbreaker when you're
applying for a job or renting an apartment.

Need help navigating this?

Hop on my calendar for a complimentary
needs analysis. Link in bio.

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