Happy Open Enrollment, Money Rehabbers! When you pick your health insurance plan, you're likely going to encounter FSAs or HSAs. Today, Nicole explains the difference between the two— and how to get the most out of both of them.
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One of the things I really love about my work is the fact that I can do it from anywhere. Getting a change of scenery can really help inspire creativity in my work and has once or twice or maybe more cured my writer's block. Being away for work, for fun, or for both is a perfect opportunity to host your space on Airbnb.
That way, not only do you get to experience a new part of the world, but you're also making money while you're doing it. And if you think hosting is overwhelming, I have a solve for you. With Airbnb's co-host network, it is easier than ever before to host. Now you can hire a high-quality local co-host to take care of your home and your guests.
They can do everything from creating your listing to managing reservations to messaging guests and providing on-site support. They can even help with design and styling. Also, by hosting on Airbnb, you can become part of another family's story, maybe even their hero. As you know, I stayed in an Airbnb for months when my house burned down, and I truly do not know what I would have done otherwise.
So if you've got a secondary property or an extended trip coming up and you need a little help hosting while you're away, you could hire a co-host to do the work for you. Find a co-host at airbnb.com slash host. I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab.
It is open enrollment season, which means it's time to decide on your health insurance plan for 2025. If you get your health insurance through the government's marketplace, you need to sign up for your plan by December 15. If you get your health insurance through your employer, your deadline is probably before that.
When you do sign up for your plan, depending on how you get your health insurance, you'll be given the option to sign up for an FSA or an HSA. And if you're like my friend Jason Pfeiffer, who's the editor-in-chief of Entrepreneur Magazine and also the co-host of one of my other podcasts, Help Wanted, the FSA HSA option drives him nuts.
Here's a voice note that he sent me about this a few years ago.
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