Sometimes the fastest way to improve your bottom line is to cut your expenses. After all, there’s only 2 ways to get rich: make more or desire less.
I try and take a holistic approach to personal finance and address both sides of the equation on this site. Most of the content you’ll find is geared toward making more money, since that has an almost limitless upside, but in this section, you’ll find the posts and podcast episodes related to saving money.
A little bit of a different format this week.
We’re looking at 10 unconventional money rules – at least, in my mind they’re unconventional – to help you save more, earn more, and improve your financial situation.
To help me go back and forth on these points I’m joined by Rich Jones. He’s the host of the award-winning PaychecksandBalances podcast – helping you navigate your finances and career.
Since I know I’ll eventually spend the money on Amazon, an Amazon gift card is pretty much as good as cash these days.
But why would you buy Amazon gift cards when you can get them for free?
What if you could make your rent or mortgage payment go away?
Or, what if instead of paying that expense every month, your living situation actually paid you?
It’s not as far-fetched as it may sound.
In fact, that’s exactly what today’s guest, Craig Curelop, has done by intentionally “house hacking” over the past few years.
Over the last 10+ years, a simple habit has earned my wife and I thousands of dollars in free money — in the form of cash, gift cards, and travel — just for buying the stuff I would have bought anyway.
Here’s how to get started with this fun and unique side hustle.
Want to know how the new tax laws that came into effect at the beginning of 2018 impact the amount of tax you pay as a side hustler or business owner?
I invited Mr. CPA on fire Josh Bauerle back onto the show again to talk through the most important tax changes and what they mean for you and your business.
Have you ever done a juice cleanse or a “Whole30” challenge?
While I haven’t ever gone to that extreme, I DO always feel better physically and mentally after even just a few days of clean eating.
So if a quick “cleanse” can work for our health, why not try it with our money?
Just 30 minutes with Josh saved me thousands of dollars, so you owe it to yourself to listen to this episode and see if you can put some money back in your pocket too.
Josh Bauerle is the CPA on fire at cpaonfire.com. Josh specializes in tax preparation, tax planning, bookkeeping, and general consulting services for online entrepreneurs.
Your tax return will show you your total income, your adjusted gross income, and your taxable income, but those numbers don’t show the most important figure of all.
Your “taxable income” is meaningless.
So what’s the most important number the IRS doesn’t care about but you should?
Your net profit.
Last month I attended two industry conferences, ICON15 in Phoenix and New Media Expo in Las Vegas. My total travel and registration expenses were just $249.98 for both shows combined.
(Not including food and drinks.)
No matter what industry you’re in, I believe conferences are a great way to make lasting connections and friendships, and to learn from leaders in your space.
It’s tax season, and I think it would be foolish to give Uncle Sam more than you’re legally required to.
This week I’m joined by Joshua Sheats from RadicalPersonalFinance.com and the host of the Radical Personal Finance podcast.
He explains there are 2 tax codes: the personal tax code and the business tax code. As a business owner, even as a side hustler, there are a number of distinct tax advantages available to you. Listen in and keep your hard-earned dollars!
