We read, write and talk a lot about better ways to build wealth, and after reading Dr. Daniel Crosby's latest book, The Laws of Wealth, we wanted to dive deeper on his 10 rules of wealth building. Daniel does a great job of weaving relevant stories in to topics that often can be overly complicated. 

In this episode, we walk through our favorite rules along with steps you can take to put these rules in to practice in your own life. Daniel's examples of why so many of us are overconfident will provide a laugh along with some head-nodding. This discussion will help you take a step back and evaluate potential flaws in your current wealth building journey. Understanding why we have trouble doing this on our own could be the best Christmas gift you receive this year.

One of the most asked questions we receive centers around the HSA. It's also one of the largest missed opportunities for tax savings we see people are missing, if they are eligible. Health Savings Accounts, known also as HSA, are gaining more and more popularity. But there is still a lot of confusion on how this account is different.

Join us this week, as we break down the ins and outs of all you need to know about how an HSA can benefit you and your family. We address why so many are still not using these accounts to their full capacity. Also, we break down how the HSA provides triple tax savings, or the hat trick as Mike likes to call it.

What You'll Learn in This Episode

• What is an HSA and why do I need one?
• How do you know if you are eligible for one?
• Why people confuse the HSA and the FSA?
• The incredible benefit within an HSA that only 4% of people are taking advantage of.
• Why the beneficiary matters on your Health Savings Account.
• 4 out of 5 HSA accounts have been opened since 2011.
• 7.3 million people who are enrolled in HSA-eligible plans haven't opened an HSA.
• Only 48% of those with an HSA contributed to it.

For more, check out show notes here.