Personal Finance
Personal finance tips from a CPA, money saving advice, tax advice
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Podcasts for The FIRED (or Retired)
As I cross over into the “RE” (retire early) side of FIRE (Financial Independence Retire Early), I’m finding my podcast listening habits are changing. Investing shows such as “Afford Anything” and “Bigger Pockets Money” no longer interest me, after all, you can only cloak discussions on “Should I invest in a traditional or Roth IRA”, “What are ways to Generate Passive income”, “Do I Have Enough to Retire” in so many ways, and then it gets old. Very old. I find myself very disinterested in ways of earning money and would rather listen to podcasts on living life to its fullest. What are the podcasts for the FIRED?
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9 Tax Questions Small Business Owners Are Asking
One of the goals, when I started this blog, was to provide useful answers to readers' tax questions. I can’t tell you how often I cringe when I see someone post a tax question on a Facebook site and receive several answers, with most of them being wrong. There certainly are a lot of armchair professionals out there! In hopes of counteracting this promulgation of misinformation, I asked some fellow bloggers and small business owners to submit to me their tax questions and promised answers to them. Here are the tax questions small business owners are asking.
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Healthcare Options For Early Retirees
What’s holding you back from retiring? For many people who have lived a life of FIRE and saved for an early retirement, it’s the uncertainty about healthcare options for early retirees. These 40, 50, or even 60-year-old want-to-be retirees know it’ll be a while before they’ll be eligible for Medicare.
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Ways to Make Your Money Work For You
Lazy Money Even those of us who don’t have a lot of money likely have “lazy money”; money that is sitting in an account not earning any interest. Have you considered just how much income you might be missing out on by having lazy money? Cost of Lazy Money While interest rates were low the cost of lazy money wasn’t so staggering but now that rates have risen it can be mind boggling. Let’s look at an example: Jill is in the process of funding an emergency fund as well as investing a portion of her take home salary. She has decided she’s comfortable with an emergency fund of $12,000…