Save $1,826 by doing this ONE THING!

06/16/26 - Tuesday

June 16, 2026

 

Hey friends,

Most people don’t realize this… but one of the BIGGEST ways to save money is to pay less in taxes. 

And lucky for us, one of the best tax breaks available right now isn’t a loophole or complicated strategy. 

It’s a Health Savings Account, HSA for short

It’s something you can open this year and start saving immediately 👇

💸 How to save over $1,000 EVERY YEAR!

You may have heard that HSA’s offer 3 tax savings benefits:

  • Contributions are tax-deductible 

  • Growth is tax-free (15%-20% savings)

  • Withdrawals for medical purposes are tax-free (After age 65, all withdrawals become tax-free!)

So, if you’re in the 22% tax bracket:

  • Every $1,000 you contribute to an HSA = $220 in federal tax savings

  • If you contribute through payroll → closer to $296 saved (because you skip FICA too)

That means:

  • Maxing an individual HSA (~$4,150) = ~$900–$1,200 saved this year

  • Family max (~$8,300) = ~$1,800–$2,400 saved

👉 And that doesn’t even take into account the tax savings on growth and withdrawals!

There’s nothing else like it.

💡 How to Get These Savings

To qualify for an HSA you need a high-deductible health plan (HDHP).

If you don’t have one at work or the options you’ve looked at are too expensive we found a setup through HSA for America that helps people:

  • Lower their monthly healthcare costs

  • Qualify for an HSA

  • And actually have room in their budget to contribute to it

💸 Why This Matters (Beyond Taxes)

If you save even $200–$400/month on premiums…

That’s $2,400–$4,800/year you can redirect into your HSA.

Which means:

  • More tax savings

  • More invested growth

  • More flexibility for future medical costs

🚨 Who This Is (and Isn’t) For

This could be a great fit if you:

  • Want to lower monthly healthcare costs

  • Are relatively healthy / don’t expect high ongoing expenses

  • Want to maximize tax-advantaged investing

This is probably NOT for you if you:

  • Have high, predictable medical expenses

  • Prefer traditional insurance with fixed copays

  • Don’t want variability in how care is paid for

Most people focus on cutting small expenses…

But optimizing one system (like healthcare + taxes) can save you thousands without sacrificing your lifestyle.

An HSA is one of the few places where:
👉 Spending less
👉 AND investing more
👉 AND paying less in taxes

…all happen at the same time.

Warmest 🎶
Jen & Jill

**Means this is a sponsored or affiliate section. We may earn a small fee or commission when you choose to try one of our sponsor or affiliate partners. But opinions are still 1000% our own.