Kirsten Jacobsen

02/03/2025

Happiest of birthdays to this lovely man! Thank you for all you do for our family .jesper Wishing you continued, upward trajectory.

11/15/2024

About last night…

Yes, it is that good!

11/11/2024

Veterans, thank you for your service.

Veterans Day is more than remembrance
it’s recognizing the financial challenges
and opportunities veterans face.

As the daughter of a Navy Veteran, I understand
the challenges they face with their finances and
finding outlets to help after they leave service.

Transition Challenges:
⇢ Veterans often see a drop in income when
moving to civilian life, impacting savings and
retirement plans.

VA Benefits Gap:
⇢ VA loans offer great homebuying terms, but
not all veterans qualify or know how to navigate
the process.

Financial Education:
⇢ Veterans' financial literacy rates are below average,
showing the need for tailored financial resources.

📍This Veterans Day, let’s honor their service and
support their financial well-being.

📍Support charities that serve Veterans transitioning
from service to civilian life;
Vets2Industry or Bestmindbh.com

📍Veterans and families: What financial resources have
helped you most?

11/04/2024

My ego is getting in the way of my financial wealth.

If you’re in your 40s or 50s, this one’s for you!

You might be telling yourself, “I can’t change now”— “You can’t teach an old dog new tricks.”

That’s just your ego talking!

How ego messes with your money:
🔸 Overspending: Trying to impress others can lead to debt.

🔸Risky investments: Chasing quick profits can mean big losses. (nothing wrong with risk but if it’s risk after risk without reward)

🔸Refusing help: Not seeking professional advice might keep you from growing wealth.

🔸Clinging to status: When you tie your identity to your income, you lose clarity.

The shift:
🔹 Become financially literate: Know how money works so you can make informed decisions.

🔹 Recognize societal influences: Understand how outside pressures shape your spending.

🔹 Reflect on your spending: Before buying, ask yourself why you’re reaching for your wallet.

🔹 Be self-aware: Ego and awareness can’t coexist—be mindful of how your ego impacts your finances.

To gain financial clarity, let go of ego.

When will you let go of yours?

10/30/2024

10/17/2024

Part 2: Is an HSA the Secret to Tax-Free Health Care Spending?

We touched on the basics of an HSA in Part 1.

Now, let's dive deeper into its features:

1. Eligibility: You need a high-deductible health
plan (HDHP) to contribute. For 2024, deductibles
must be at least $1,600 (individual) or $3,200 (family).

2. Contribution Limits: In 2024, you can contribute
up to $4,150 (individual) or $8,300 (family).
- Those 55 and older can add an extra $1,000 annually.
- Married couples need to have separate HSA accounts
for each spouse. Joint HSAs are not permitted.

3. Rolls Over: Unused funds roll over year-to-year,
and any interest earned is tax-free.
- HSA contributions never expire.

4. Covers Dependents: You can use your HSA for
medical expenses for your spouse and dependents,
even if they're not on your plan.

5. Portability: Your HSA stays with you, even if you
switch jobs or retire.

HSA = More control, more savings!

Are you taking full advantage of it?

Speak to a professional for more insights.

Hop on my calendar for a complimentary needs analysis.

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Samson and Daisy Aug 2024 - Wish I could use my HSA for my dogs vet visits.

10/16/2024

Part 1: Is an HSA the Secret to Tax-Free Health Care Spending?

A Health Savings Account (HSA) can help you
save on medical expenses, but not everyone
knows the ins and outs.

Here’s what you need to know:

1. High-Deductible Health Plan (HDHP) Required:
You must be enrolled in an HSA-eligible HDHP
to open an HSA. With these plans, you pay more
out-of-pocket upfront but get tax perks through
the HSA.

2. The money you contribute to the account isn’t
taxed as long as you use it for qualified, out-of-pocket
medical costs, like:
- Acupuncture, Ambulance costs, Doctor visits, Hearing
aids, Prescription drugs, Psychological therapy/psychiatric
care, and Qualified long-term care services.

3. Catch-up contributions: If you’re 55 or older, you can
stash an extra $1,000 into your HSA every year.

4. Unused funds rollover: Any money you don’t spend
stays in the account and rolls over to the next year,
helping you save long-term.

5. Not eligible with Medicare: If you’re on Medicare or
have other types of coverage, you might not qualify
for an HSA. Make sure to double-check your plan’s
eligibility.

HSA = More control, more savings!

Are you taking advantage of it?

*Speak to a medical insurance professional for more
information.*

Hop on my calendar for a complimentary needs analysis.
It's in my bio.







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I forgot to post the first day of school pic. Selma August 2024 Junior Year.

10/11/2024

Let's discuss a sexy topic - bank overdraft fees.

Did you know that overdraft fees rake in a
staggering $8 - $15 billion yearly for U.S.
banks. Let that sink in.

Here’s the kicker: these fees often hit those
who can least afford them, turning small
mistakes into big financial headaches.

- Overdraft fees are usually $25-$35, and
some banks will continue to charge fees daily
if your account stays negative.

- A huge chunk of those fees comes from just
a small group of account holders - around 9%,
usually folks with lower incomes.

- Some banks will reorder your transactions to
maximize the fees, hitting you with multiple
charges in a single day.

What you can do:
1. Opt-out of overdraft protection: This may
sound counterintuitive, but if you opt out, your
card will be declined when you don’t have
enough funds, saving you from those hefty fees.

2. Set up alerts: Most banks let you set up
low-balance alerts. Get notified when your balance
is running low, so you can avoid spending more
than you have.

3. Call your bank and find out what can be done
about the charges.

By staying proactive, you can avoid paying extra
and keep more money in your pocket.

Hop on my calendar for a complimentary needs
analysis.
It's in my bio.

10/07/2024

Your credit score is more than just a number.

Ever thought about how much your credit
score matters?

It’s not just a number - it’s a snapshot of
your financial habits and how reliable you
are with money.

Why Care?

A solid credit score can get you better
interest rates on loans and credit cards,
saving you cash over time.

Here’s what you might not know:

1. Even utility companies and cell phone
providers might check your credit before
doing business with you.

2. A single late payment can dent your score,
but consistent, on-time payments help you
bounce back.

Heads up: Some cities send unpaid parking
tickets to collections, turning a $35 ticket into
a $500 headache that can haunt your credit
for years. Pay those tickets on time!

Your credit score is your gateway to better
financial opportunities.

Plus, it can be a dealbreaker when you're
applying for a job or renting an apartment.

Need help navigating this?

Hop on my calendar for a complimentary
needs analysis. Link in bio.

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09/24/2024

What if saving wasn’t a chore but an act of self-care?

Are You Struggling to Save?

Here’s Why It Might Be About Your Purpose…

When we shift our mindset and view saving or growing our income as a mindful choice, it stops feeling like an obligation and starts feeling like
an opportunity.

Ask yourself: What's the bigger "why" behind your savings goal?

Saving just to save isn’t motivating but try:

1. Reflect on Your Financial Goals:
Are They aligned with your purpose?

2. Goals Tied to Your Values Are Easier to Achieve: like traveling the world or buying your dream home - every dollar saved becomes a step closer
to that vision.

When we have a big vision it helps keep us out of the weeds when the tough gets going.

Comment below what you're saving for and why.

09/21/2024

How does breath work apply to finances?

Been learning and practicing breath work over the past couple of months.

The class instructor said breath work is making a decision quick, like when you have to buy or sell a stock BUT it’s also about pausing and holding at the right moment when you think you can’t hold the breath any longer.

How a Deep Breath Can Save You Money:

1. Pause Before You Spend:
In a world of quick decisions, taking a moment to breathe can be a game-changer for your wallet. Here's why:

Stop Impulse Buys with The "24-hour rule" means waiting a day before buying something non-essential to avoid impulse purchases and buyer's remorse. It gives you time to think it over rationally.

2. Stay Cool in Market Swings: When the stock market drops, it's tempting to sell in a panic. Instead, take a deep breath. Markets go up and down- pausing helps you avoid hasty moves and stick to your plan. Don't let market fluctuations alone make you change investments.

Remember, one deep breath can make all the difference in your financial choices.
Do you take a moment to breathe when overwhelm kicks in?

09/17/2024

Hard work alone won’t make you rich.

If getting wealthy was just about working
harder, we’d have a lot more rich people.

It’s insulting and plain wrong to say
people make less because they don’t put
in enough effort.

Think about teachers and nurses - they
work incredibly hard and are still underpaid.
Compare that to a CEO making millions.
Does that CEO work harder than a teacher?

3 Steps to Make Your Money Work for You:

Invest in Your Future:
Working hard alone won’t build wealth. Start
learning how to invest now so your money
can grow over time.

Diversify Your Assets:
Don’t rely on a paycheck alone. Build a portfolio
with assets like stocks, real estate, or small
businesses that can increase in value.

Plan for Work-Optional Lifestyle:
Simply saving won’t cut it. Make sure your
investments are working towards a comfortable
and dignified retirement.

What else would you put on this list to make
your money work harder for you?

If you don’t know, no one will do it for you.

Hop on my calendar for a complimentary needs analysis.
It's in my bio.