31 Years Old, Need Advice

[Standard Staples]

I know NOTHING about HSAs. What are the top benefits, sir?

If you have a High Deductible Health Plan, you're likely eligible to set aside a good amount of money as a tax free vehicle for future medical expenses, and it rolls over, can be invested, etc. Rather than reinvent the wheel and type all the benefits, check this out:

The Ultimate Retirement Account

 

[dsp0725]

We own the home, but yes... there IS a mortgage!

 

[dsp0725]

IRS paid off in full!

 

[ivinsfan]

So you are 31 and except for your house, debt free that's great.

Now look at your spending and try to replenish your cash stash. You mention your soon to be wife makes 30-K, will that be going up in the future, because that's a good way to increase the family pot.

 

[dsp0725]

Yes, that's correct.

I really want to do joint bank accounts soon so we can track better in Mint. She likes to use cash more, but we can get her in the habit to use debit card.