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.
Professional liability insurance covers legal fees if someone sues you in your business. But is it really something you need?
Learn about common risk factors and how to shop policies wisely.
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.
Try as I might to do all my shopping online, I still find myself running errands around town at least on a weekly basis.
And my guess is you’re in the same boat.
With Christmas and the holiday season coming up, I wanted to share a few cool apps and resources that can help you save money while you shop, make a few extra bucks, and even invest your change.
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.
And it’s a habit you can start right away: spending money on credit cards whenever you can.
Over the last 10+ years, this simple habit has earned me thousands of dollars in free money, just for buying the stuff I would have bought anyway.
And because I pay my balance in full every month, they’ve never made a dime off me.
This post is about fueling your body efficiently, deliciously, and cheaply.
For most of this year, I realized I’ve realized I’m only eating 2 “meals” a day.
And because the lunch dish is very routine, that’s only 1 meal a day that requires any planning or out-of-the-ordinary shopping.
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!