How to Use HSA Funds for Emergency?

Answer The purpose of a health savings account, or HSA, is to help consumers take charge of their health care. By putting money away in a health savings account, consumers can get a tax break up front, th... Read More »

Top Q&A For: How to Use HSA Funds for Emergency

How much should I save in emergency funds?

Although there is no hard and fast rule, financial experts such as Dave Ramsey and Kiplinger recommend that you have a minimum of three to six months of living expenses in a bank account. This shou... Read More »

How do I build emergency funds for paying off credit card debt?

Make a BudgetMake a household budget as the first step in building an emergency fund for debt relief. To accomplish this, determine the total living expenses (rent, food, bills, etc.) and deduct th... Read More »

Are index funds better than actively managed funds?

On One Hand: Actively Managed Funds Claim to be the MarketManagers of actively managed funds claim they have the skills and experience to beat the market. Investors in actively managed funds believ... Read More »

Are index funds better than mutual funds?

On One Hand: Index Funds have Lower Fees.Index funds are a type of mutual fund that measures the total value of a group of stocks. Generally index funds resemble the fluctuations of the entire mark... Read More »