CoachKhang

CoachKhang A Hmong woman sharing knowledge about
personal finance, investing, and entrepreneurship.

YT: https://www.youtube.com/CuaKay

I don't post selfies here often; I post results, information, and instructions.

This is my local bank in Wausau, WI, CoVantage Credit Union.When you have a high credit score, your money/business is in...
18/09/2025

This is my local bank in Wausau, WI, CoVantage Credit Union.

When you have a high credit score, your money/business is in high demand. That's why I keep reminding everyone to work toward that goal. It's so unfair that the ones who need these rates can't and should get them and the ones who don't gets them.

I won't be using this because I'm on 0% already. My highest interest balance is about 4% through student loans. The banks will need to beat that if they want my money.

Wow. It’s amazing how $200 biweekly can really add up. My mom always said, if you don’t control your money, your money w...
03/09/2025

Wow. It’s amazing how $200 biweekly can really add up.

My mom always said, if you don’t control your money, your money will control you.

This is my HSA. I will be hitting $4300 by the end of the year. I was hesitant about having $200 “less,” but I’m glad I went with it because I don’t have this much sitting elsewhere.

I use my HSA as an investment account through Fidelity and not to reimburse me for medical purchases.

Why?

The money will grow tax free. It’s basically like a Roth IRA.

I decided to look into my student loans to see if I want to pay off the $7k or choose one of the plans by Sept 27.If you...
25/08/2025

I decided to look into my student loans to see if I want to pay off the $7k or choose one of the plans by Sept 27.

If you want to see if you can get some lower payment options, you'll need to submit a request through the official student loan website, not your loan servicing company. Once you select a plan, the official site will communicate to your loan company.

Link: https://studentaid.gov/

Seeing the grants I received, IDK HTF I graduated with student loans, LMFAOOO. The grants paid my tuition; I think. But I'm not sure, did it cost $10k/year * 4 years = $40k - $28k = $12k in loans and my 2 travel studies were $10k total = $22k?

The math is kinda of mathing because I didn't hold stable jobs during college either, so the extra loans helped me throughout the semester. I wasn't in relationships where my partner covered my living cost either; 😢 always been an independent woman.

If I could go back to change the financial decisions I made, I still would've took all the loans. However, invest in it. Like buy a house right after college with all those low-interest loans and rent the house. Then take the profits to pay off the loans. Getting student loans is/was so easy; everyone qualified. I'm not sure how easy it is now.

Oh my smokes! Got $162.83 back in credits from my purchases (that’s also on 0% APR). I really don’t know any credit card...
20/08/2025

Oh my smokes! Got $162.83 back in credits from my purchases (that’s also on 0% APR). I really don’t know any credit cards that does promos like this. It is very hard to earn that in points.

In addition to points, this card runs 0% interest on purchases over $X amount in a transaction. Most cards only have that in the intro period only.

If there's 1 credit card you open in your lifetime, make it the Citi Bank Shopyourway card.

Click the link and scroll to the bottom. No, I don’t get a commission or affiliate out of this link.

🌐https://www.shopyourway.com/

Some of you may have seen that I’ll be expecting… a big bill!I can’t wait to tell you about the medical bills of pregnan...
18/08/2025

Some of you may have seen that I’ll be expecting… a big bill!

I can’t wait to tell you about the medical bills of pregnancy 🤯🤯🤯🥲🥲🥲

If it’s not TMI, I’m gathering information of what it costs. Please comment or private message me your pregnancy bill costs.

Remember how I told yalls I met my health insurance deductible and services I'll go to at this point should be free?I de...
17/08/2025

Remember how I told yalls I met my health insurance deductible and services I'll go to at this point should be free?

I decided to dig a little deeper tonight. I want massage and chiropractic services, and potentially, it's free because I'm (almost) stuck paying that huge lab bill. Maybe it's not so bad after all. I'll make a decision after I receive a quote for my large bill.

My health insurance is the Medica Elect option.

Dental Insurance.I scheduled a cleaning today and needed some additional services done. The financial person came to dis...
15/08/2025

Dental Insurance.

I scheduled a cleaning today and needed some additional services done. The financial person came to discuss the quote for the service before scheduling an appointment. She went over the costs, and said my services are 80% covered.

I heard 80% and I said, "Let's move forward with the appointment." This is why it's important to also work for a company that gives you good benefits. I used to work in places that were less than 80%. My workplace also pays for my Delta Dental monthly cost.

I was curious about last visit's cost and now that I know how to read an insurance summary, I'm sharing it with you. I took a tooth out and it cost $726 through two visits. This next service will also cost about $700 with two visits too. My out of pocket pay is currently at $745.40 toward the $2,000.00 deductible.

I got home and thought, what a luxury it is to take care of my health and also have a job that is flexible for me to attend these appointments. Your health is your wealth. What good is money (or anything) when you're on your death bed?

If you don't take care of yourself now, you will have to take care of yourself later. Remember, "When you are healthy, you have 100 problems. When you are sick, you only have 1 problem."
Your health problems won't show up overnight. They will show up years later.

Choua, what is the point of credit cards and limits? I can just pay cash, or go to the bank for a loan.The point? My poi...
13/08/2025

Choua, what is the point of credit cards and limits? I can just pay cash, or go to the bank for a loan.

The point? My point? I am the bank. I hold the cash and I also give myself a "loan" of 0% interest. All thanks to credit cards.

Short story. One time my mom and I went to a furniture store and was interested in a $1500 sofa set. I had this credit card at that time, but I was curious what their financing offers were. It was 20% down, so like $300 cash and then they will finance the remaining $1200 with interest.

With my credit card tho, $300 cash would never be needed and the entire $1500 would be on 0% for 18 months.

This credit card is my favorite card. It's running a 0% no interest fee for either 6 months or 18 months. If the transaction exceeds $199, it will be charged to this card.

Lets dig a little deeper. Why?

So I can hold the cash.

Why hold cash?

Cash is king. Cash is needed for assets.

Why assets? What are assets?

Assets have values. What are they? Like homes, maybe stocks, investing in your own business. No, cars are not assets (depends on your view), unless you're renting them out (and your customers aren't damaging it).

Then what next?

For the most part, an asset has value. So you're turning your cash into assets. For example, I purchased my house and paid $5,000 at closing. When I sell my house, I will profit more than the $5k I used.

Maybe you'll buy a 4 unit duplex and it'll generate you $2k+ a month. Then over time as that mortgage goes down, your profit increases.

A lot of this requires some cash up front and/or a really good credit score. Trust me, credit score is the key in the financial world.

Property tax.I'm looking at buying a new home and I decided to look into taxes.Why does it matter?It's like buying food,...
13/08/2025

Property tax.

I'm looking at buying a new home and I decided to look into taxes.

Why does it matter?

It's like buying food, clothes, cameras, phones, etc, and getting taxed. But like, every year, when it's a house. YOU pay this tax.

How is property tax determined?
Property taxes are determined by multiplying the value of your property by the local tax rate in the district where your property is located.

So what does this really mean?
Lets say you buy a nice $600k house in a nice neighborhood. Your property tax could be $6k/year, divide by 12 months = $500/month just toward property tax. And that $600k house, maybe the mortgage at 6.5% Interest, so about $4200. You'll be paying $4200 morgage + $500 property tax = $4700/month.

Now lets say, you buy that same house in a cheaper neighborhood. The property for that is maybe $3000/year, divide by 12 = $250/month toward taxes. Your mortage is still $4200 + $250 property tax = $4450/month.

Depending on that neighborhood and your current life situation, maybe it's worth the difference.

Ok, so why does it really matter?
Property taxes fluctuate; it can go up and down. In a situation where it goes up and you don't have emergency funds to cover it, you could be behind on your bills. When you're behind, it can lead to missed payments on your credit and that's a rabbit hole itself you'll fall into. Missing mortgage payments can lead to the bank taking your house back too.

“Inside of a ring or out, ain’t nothing wrong with going down. It’s staying down that’s wrong.” – Muhammad AliI’ve becom...
05/08/2025

“Inside of a ring or out, ain’t nothing wrong with going down. It’s staying down that’s wrong.” – Muhammad Ali

I’ve become a victim of my environment because I forgot my powers. I am a bird. I am not stuck.

I have a great credit score, emergency funds, a great resume, a great job, and of course, great skills.

What was I afraid of? Well, more like lazy. I didn’t want to get my dual license; I put myself in a situation to rely on another person. I didn’t want to figure out my housing situation; so I stayed locked in and in a routine. I was down and got comfortable there.

This lamp has memories. I had it when I lived through a dark time. I needed an office lamp and maybe it’ll get be through another tough spot.

Who knew a job would become my safe space. This is where I’ll be for a while and I’m going to come out stronger than I am right now so I’m getting comfortable.

If you’re down, don’t stay there too long. A wise man once said you can have whatever you like.

Health insurance.So I agreed to take this lab test and this was the cost results. This is one expensive ASF lab. It's a ...
01/08/2025

Health insurance.

So I agreed to take this lab test and this was the cost results. This is one expensive ASF lab. It's a genetics test, and those are apparently $$$$$. So opt out! In my situation, I was curious and I trusted health insurance. This is a good and bad story to share, about the bill, not me, lol!

Provider responsibility means what my insurance and I are responsible for. However, and thankfully, there is an "allowed amount." SO even though this bill is $10,505, my insurance and I owe $8,056.44. But even more thankfully, my provider has an agreement with this company/these specific labs that my insurance and I only have to pay the maximum of the "allowed amount" of $2,448.56. My insurance covered $252.28, which means I'm stuck with the remaining $2,196.28.

The bad thing could be that I have to fork that the $2.2k.

The good thing out of this situation is that this bill has "helped" me reach my deductible of $3300 as an individual.

What does deductible in health insurance mean?

Like car insurance, it's the amount you have to lose/fork up from your own pocket before your insurance gives a crap, I mean, starts going in their own pocket.

What does meeting my deductible mean for me?

It means, on my next appointment that will cost me $500 out of pocket, I don't have to pay. Why? Because I already paid my deductible. Think of deductible as the MAX amount of money you'll spend on your health/medical appointment. Of course, this might not be 100% for all appointments, so always check first, which is my next point.

Wherever you need to go for medical/health needs, you can have those offices reach out to your insurance with the billing codes to find out in advance what it will cost you. Health insurance doesn't have to be a complete mystery anymore. It just requires you to be in the middle to bring the two together.

What this really means for me is that my big bill I'm expecting later will not cost me that much. So I'm not sure if this is a win or a loss.

In addition, I reached out to the lab to reverse this bill, whic means I pay the original $349 and they retract $10.7k they billed to my insurance. I won't go into details about that call right now, but later when I have more time or if someone is really curious about it.

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Minimalism.Money.Hmong

Hello everyone! My name is Cua and thank you soo much for stopping by. My goal is to provide as much knowledge from my own personal experience to help you make better decisions about yours. Some of my favorite topics I will share on this platform are minimalism, money, and my Hmong identity. Don't worry, I'm still a girl who enjoys food, fashion, traveling, and trying products, so I'll sneak a few of those in as well.

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