According to the Kaiser Family Foundation, in 2024, 27% of employees nationwide were enrolled in High Deductible Health Plans (HDHP) through their employers (not far off the 29% enrolled in 2023). [1].
“There’s no harm in hoping for the best as long as you’re prepared for the worst.”
― Stephen King, Different Seasons
The temperatures are starting to cool down and you, like many, may be starting to pack your bags to head south for the winter. However, before you rush off to enjoy the sunshine, make sure you’re properly prepared to leave your home for a few months. Here’s a checklist to help you get ready.
Have you had the experience of showing up early or on time to an appointment with your primary care physician and then having to wait for over an hour to be seen by your doctor?
Successful people come in a variety of types, but a common denominator in successful people is that they have a good awareness of their own personality with money. Money personalities affect the way we behave when making financial decisions and how we go about spending, saving and investing. It really helps to know our own money traits.
“Your health isn’t everything, but without your health, everything is nothing.” Asheville-based cardiologist Dr. Brian Asbill isn’t sure who initially said this quote, but he adamantly believes in it.
The cost of health care in the U.S. continues to rise with no slowdown in sight. According to the Centers for Medicare &Medicaid Services (CMS), healthcare spending in the U.S. is projected to grow at an average annual rate of 5.4% and reach $6.2 trillion by 2028. Average Americans, regardless of their health, are feeling the impact directly in their wallets.
Traditional finance is based on the premise that investors are able to consider all relevant information to make rational financial decisions. The underlying assumption is that all investors are risk averse and that everyone prefers higher returns to lower returns for the same level of risk. In practice, these assumptions are unrealistic because investors are not perfect and are subject to behavioral biases.
Do you like to travel? Are you already looking forward to your next big trip? Do you spend more time planning your vacations than planning your finances? If so, you’re not alone. Recent surveys suggest that many Americans devote more time each year to planning their vacations than planning their finances.
