In episode 96 of Financial Conditioning, Simon Karmarkar shares his experience with property sales, offering market insights and discussing landlord challenges. He delves into investment diversification, tax implications, and the emotional aspects of selling property. Simon also explores life transitions and Flexible Spending Accounts (FSAs), covering their types, tax benefits, and rules. The episode discusses FSA fund expiration, rollover options, the evolution of financial advice, and media influence. Simon compares renting versus buying strategies and concludes by emphasizing personal finance as an individual journey, closing with gratitude and encouragement.

(0:00) Introduction to the episode

(0:26) Selling Property: Personal Story and Market Insights

(1:26) Diversifying Investments and Landlord Challenges

(2:35) Tax Implications and Emotional Aspects of Property Sales

(3:30) Preparing for Life and Career Transitions

(4:08) Deep Dive into Flexible Spending Accounts (FSAs)

(5:06) Understanding and Utilizing Different Types of FSAs

(6:25) Maximizing FSA Tax Benefits and Withdrawals

(8:16) Navigating FSA Contributions and the Use-It-Or-Lose-It Rule

(9:58) FSA Fund Expiration and Rollover Options

(10:39) Evolution of Financial Advice and Media Influence

(12:25) Comparing Real Estate Investment Strategies: Renting vs. Buying

(13:35) Conclusion: Personal Finance as an Individual Journey

(13:55) Closing Remarks and Gratitude