One of the things that many people use in order to pay for health care costs is the heath savings account (HSA). There are many different rules governing these health savings accounts, and what they can be used for. Another type of account is a Flexible Spending Account (FSA). This type of account requires that you use expenses for health care by the end of the year. Interestingly, there are some rather unique products that qualify for use of FSA funds. Coppertone sent me an interesting list of four things that you can use FSA money to purchase:

Hand sanitizer
Cold medicines
Sunscreen
Gym …read more

Prepaid debit offers opportunities for those without checking accounts.

Where do you keep your money? Is it safe?

Maximize your bank deposit returns.

Layaway plans are making a comeback.

I remember a couple of years ago when all the rage was getting a free iPod when you opened a checking account. Now, thanks to the economy, banks are offering cold, hard cash. When my auto loan statement came in the mail today, it was accompanied by a special offer: Open a Chase (or WaMu) checking account, and get $125 free. Of course, there are limitations to this special offer:

The account must be opened with $100 not connected to Chase in any way.
I have to set up direct deposit for payroll, pension, Social Security or government benefits within 60 days …read more

Not too long ago, I asked my son some questions about money . It made me think about the importance of teaching him good financial habits . With the help of Munny Journey: Keepsake Journal for Baby’s First Money , it is possible to do this. My son, at six, is almost too old for such a journal, but it does look like something that would be helpful for newborns — and their parents.
The idea behind the book, as conceived by Brad Dugdale, a financial consultant, is to teach parents the concepts behind investing, as well as get children …read more

Credit scores are beginning to decrease at a faster rate.

Savings is the key to financial security.

Where should you keep your cash?