At its Worldwide Developers Conference earlier this month, Apple announced that it would be offering a Buy Now, Pay Later program as a part of its financial services to customers. This alternative form of payment for goods and services has had a resurgence during the pandemic, and Apple’s announcement has put it in the news.

But what is Buy Now, Pay Later, and should you be making use of it as part of your household finances and budget? In this episode, I will dive deep into this service and advise as to whether it is a good idea for you.

In this episode you will learn:

• What Buy Now, Pay Later Is
• Its Pros and Cons
• How it Affects Your Credit
• Whether You Should Use It

Back in Episode 80 I talked about Health Savings Accounts in conjunction with some high deductible health insurance plans through the Affordable Care Act. An HSA is a great idea if you have one of these plans.

However, since I have been talking about retirement planning and saving lately, I wanted to revisit this great savings option, as these accounts can serve two purposes: protect you from medial costs in a high deductible health plan and help you save for retirement at the same time. Find out how in this episode!

In this episode you will learn:

• What an HSA is
• The pros and cons of having one
• Who can set one up
• Who can contribute to one (and how much)
• How an HSA helps with retirement planning
• Is one right for you?

But to learn the most, talk to the HR person with your employer and/or a financial professional to get the right advice for you.