Single-Income Couples, and When to Use Your HSA and FSA

Going from a two-income household to a one-income household is not solely a financial challenge. But this change also creates opportunities to strengthen your relationship and set clear expectations. To start off this episode, Sean and Liz discuss how to manage finances in a one-income household.

Then Sean and Liz answer a listener’s money question about using HSAs and FSAs. Both can cover health care expenses, but only one can be used as an investment vehicle.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Timestamps:

This Week in Your Money segment: 0:00 - 10:09

Money Question segment: 10:10- 20:39

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Also, we want to hear from you for an upcoming series about student loans. What would it mean for your life and your finances if your student loans were erased? Or if you’ve already had your debt forgiven, tell us what that did for you.

To let us know, please leave a voicemail on the NerdHotline at 901-730-6373 or email a recorded voice memo to podcast@nerdwallet.com.