Since the early 2000s, the percentage of working Americans enrolled in a high deductible health plan (HDHP) without a health savings account (HSA) increased from 10.6% to 24.5% in 2017. Meanwhile, the percentage of people in the same demographic enrolled in an HDHP with health savings accounts increased from 4.2% to 18.9%. Are you one of the millions of Americans who have a high deductible health plan without a tax-advantaged HSA to mitigate the costs of medical care? If so, opening a free, FDIC-insured health savings account with a provider like Lively could be an enormously beneficial financial decision when it comes to protecting yourself and your family against the potentially high costs of medical treatments. You may not think … Read more

Did you know that only 32% of Americans regularly maintain a household budget? This abysmal statistic serves as an important reminder that the best practices of budgeting are not as commonsense as they may seem and it’s not enough to simply know how to budget – you have to put this information into practice if you want to see real change in your financial situation. Of course, budgeting isn’t exactly the most fun thing to do, especially when you could be spending that precious little free time on more enjoyable hobbies like traveling or hitting the gym. If you’ve struggled with budgeting in the past or you only recently decided it’s time to start following a budget, how can you … Read more