4.6 • 2.8K Ratings
🗓️ 16 September 2024
⏱️ 24 minutes
🧾️ Download transcript
"I'm 23 years old. I am about to start my first job in my career field. What are the first things you recommend someone do when starting a job to set them up for success financially?"
We'll walk you through that question and more in today's Q&A episode!
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0:00.0 | K.P. has a question. He says, hi Bo, this is your question this week. |
0:12.3 | Oh, man. If your question this week. Oh man. |
0:14.0 | If you recall last week he said, hi Brian. |
0:17.0 | He said... |
0:19.0 | It makes me wonder, did K.P. sit around all weekend, |
0:21.0 | and be like, how do I get another good question on the show? |
0:24.8 | Or was it the angle that he went Brian that Ribi |
0:27.7 | was like, let's give him a little love? |
0:30.2 | It's hard to get a question. |
0:31.6 | I mean, there's a lot of questions come through. I know. It's hard to get one. That I mean there's a lot of questions come through. I know hard to get. |
0:33.8 | That's why this might be a really brilliant gimmick. Well played. |
0:36.7 | So it is very tailored to Bo. So we'll see what you both have to say. |
0:41.1 | But Bo in particular. So, KP's question says, |
0:45.0 | if I start with a high deductible health plan |
0:47.0 | and begin investing in my HSA, |
0:49.0 | but then down the road I flip to a Cadillac health plan what happens to my |
0:54.9 | HSA balance I thought that was a really interesting question it's a great |
0:58.3 | that's a great question we get asked us all the time people say man I love |
1:02.3 | HSA's love H.S love it and I've been |
1:04.0 | doing it I was in the hided doctor I've been maxing out and I'm one of the 4% of the |
1:08.2 | population that doesn't just use it as an intra-year slush fund, but I actually invest those dollars so they can grow |
1:14.9 | and I can have tax-free distributions, but my employer just added a new plan or my employer |
... |
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