Jackie Koski retired from corporate America with a six-figure health savings account — on a salary that never topped six figures. She also grew up in poverty in the deep South, raised a daughter as a single mom, and wrote a book called "Money Letters to My Daughter" to pass on everything she learned the hard way. Jackie is a financial literacy advocate who proves that financial independence isn't about how much you make, but what you do with what you have.
Introduction to Jackie's Story: Jackie's background as a single mother who overcame poverty and financial struggles.
The Impact of Her Father: How her father's work ethic and life lessons influenced her financial path.
Sharing Financial Wisdom through "Money Letters": The inspiration behind her book and its purpose in educating her daughter and others.
Jackie's Financial Literacy Journey: Key moments that shaped her view on finances, especially during and after her divorce.
The Importance of HSAs: The benefits of health savings accounts in achieving financial independence.
Key Components of a Solid Financial Strategy: Practices such as diligent saving and investing for future financial stability.
Jackie's FIRE Letter: Her reflections on transitioning to financial independence.
Resources:
- Money Letters to My Daughter: https://moneyletters2.com
- EconoMe Conference: https://economyconference.com
Action Items:
- Start an HSA if eligible and contribute the maximum amount to take advantage of tax benefits.
- Create and share personal financial letters or guidance with family to pass on financial wisdom.
Related Episode:
- ChooseFI Episode 013: Setting Up a Health Savings Account