I have very good credit upkeep, so I do not know as much about the ppl who are not good at keeping up on their payments. Sorry but, what a doof for ignoring debts owed for 3 years. Now he will have hard time getting a house loan and maybe car loan. Show him this post, maybe he will be embarrased and act a lil more grown up.

Anyway, my guess is that because this is ussually a savings account, not involving any amount of loaning or debt, that this will not be an issue for you two. You account cant really go negative, you use a debit card that pulls money from the acct as you use it. If you get to 0, it denies a purchase.

Me and my wife have moved to using mostly debit cards linked to accounts with a set amount of money in them. It forces us to budgets, we transfer joint money to an account that we cant touch as easily, and then have each our own “allowance” accounts with debit cards that we can use as we please. Joint purchases are decided together. Working pretty well.

Get the HSA if you think you want a PPO anyway, and if you think you would pay more than the deductable over a year anyway. The deductable is high, so if you do not go to docs much, it may be a close decision. If you have problems or an expected event (we are having birth and will save us thousands), then HSA is likely to make sense over long run.

I have very good credit upkeep, so I do not know as much about the ppl who are not good at keeping up on their payments. Sorry but, what a doof for ignoring debts owed for 3 years. Now he will have hard time getting a house loan and maybe car loan. Show him this post, maybe he will be embarrased and act a lil more grown up.

Anyway, my guess is that because this is ussually a savings account, not involving any amount of loaning or debt, that this will not be an issue for you two. You account cant really go negative, you use a debit card that pulls money from the acct as you use it. If you get to 0, it denies a purchase.

Me and my wife have moved to using mostly debit cards linked to accounts with a set amount of money in them. It forces us to budgets, we transfer joint money to an account that we cant touch as easily, and then have each our own “allowance” accounts with debit cards that we can use as we please. Joint purchases are decided together. Working pretty well.

Get the HSA if you think you want a PPO anyway, and if you think you would pay more than the deductable over a year anyway. The deductable is high, so if you do not go to docs much, it may be a close decision. If you have problems or an expected event (we are having birth and will save us thousands), then HSA is likely to make sense over long run.

The two downsides of HSA and the adjoining High Deductible health coverage (dubbed catastrophe plans) are:
1. You could have to pay a high deductible, many thousand of dollars, all at once (you can pay it over time though)
2. More often offered on PPO plans, not HMO

To get around the first Con, many companies that offer HSAs are paying forward a large chunk of the deductible at inception, say 50%+. This is like free money if it is offered.