Hey there! Welcome to the Independent Money newsletter 👋 We’ll be exploring the latest financial news and discussing how it affects entrepreneurs like you. Plus, we'll share some awesome wealth creation insights from successful entrepreneurs.

Let’s dive in! 🏊‍♂️

First time reader? Subscribe here. 

In this week’s newsletter we’ll be covering:

• Why Health Savings Accounts (HSAs) Deserve to Be Your Ultimate Partners in Health and Wealth Building

• Inside the personal finances of a 25-year old entrepreneur

Why Health Savings Accounts (HSAs) Should Be Your New Health and Wealth Sidekick

An HSA, or Health Savings Account, is like your health's money-saving buddy! Specifically designed for people with high-deductible health insurance plans (HDHPs), it lets you stash away money for things like dental work, prescriptions, or check-ups while giving you a cool triple tax advantage – contributions are tax-deductible, earnings are tax-free, and withdrawals for medical expenses are tax-free too!

Think of it as a financial sidekick owned by you, but your employer can also chip in. You can even invest the money in your HSA in things like stocks or bonds – no taxes on earnings, and all your profits can be reinvested. Plus, when you hit 65, you can start making tax-free withdrawals, making it a smart way to save for your health and future! 

To learn more about HSAs and other tax saving hacks - download our Tax Hacks Guide: https://carrymoney.com/resources/tax-book

Interview with Grace Lemire

I'm a 25-year-old full-time entrepreneur living in Massachusetts. I started a marketing company 2.5 years ago and dove into content creation in the summer of 2023. Outside of owning a business, I also co-host a podcast called Girls Talk Money.

What’s one unusual spending habit you have?

I can be kind of silly about justifying certain expenses – I'll drop $80 to get my nails done without a second thought, but paying $50 for a high-quality, basic white tee...absolutely not.

Is there one thing you love investing in? 

Myself and my education! I think it's important to invest time, money, and energy into continually improving yourself and your craft.

What’s one “money rule” you live by? 

This one's a bit unusual, but if a child is selling something, I'm buying it. I think it's important to support kids' entrepreneurial efforts, and nothing feels better (even as adults) than people supporting something you believe in.

Where can our readers follow you to learn more?

 Stay connected with Grace on Instagram and TikTok.

What’s Happening at Carry?

Here’s what you can expect in the coming weeks

See the full list of events here. ⏰

Want More?

Still can’t get enough? Well, we’ve got you covered!

Think your friends might like it? Be sure to share it with them! 📩

If you want more resources on building wealth as a solopreneur/entrepreneur, check these out:

• The Solo 401k handbook 

• Common Solo 401k FAQ

• What is a Solo 401k?

• How to Open a Solo 401k

• Solo 401k Contribution Calculator