(NewsUSA) - For many, getting their financial house in order is top of mind in the initial months of the new year. And, when doing so, experts say people should consider including a flexible spending account as part of their overall financial strategy.

There are two types of flexible spending accounts: unreimbursed medical and dependent day care. At the beginning of each plan year, a flexible spending account allows an elected portion of a person's salary to be redirected to provide reimbursement for certain types of medical and day care expenses not reimbursed by other sources.

Courtesy of NewsUSA

(NewsUSA) - If you're like most Americans, when you go through your mail at night, you first sort out the bills and put them aside until you have time to pay them. Next, you throw away the excess envelopes and waste paper that came with the mailings. Financial bills, statements and payments not only require a great amount of your time, they also use a vast amount of natural resources.

By David Berky

Tom Monson, the Vice President of Simple Joe, Inc. was giving a series of free seminars on personal finance to some people in his neighborhood. Many couples and individuals were scheduled to attend but only two or three were showing up.

Tom and I discussed the situation and wondered why attendance was so low. Why were these people not making their appointments? We didn't think it was the time of day. The time and place was very convenient to all the invitees.