Maximize Your FSA: Smart Spending Tips 💸 Hi, I’m Misty, and I'm an author, podcaster and TV host and I’m on a mission to get useful financial info into your hands. A Flexible Spending Account, or FSA, helps pay for healthcare costs and lowers your taxable income. Here's how you make the most of it: Tip 1: Estimate your medical costs for the year. Include everything from prescriptions and co-pays to eyeglasses or contacts. FSAs are use-it-or-lose-it, so plan carefully to avoid leaving money on t