Debt, Happy, Healthy, and Financially Free

Debt Payoff Strategies

Posted on December 30, 2022 by TwentyFour

Happy, Healthy & Financially Free10 months ago

JL Collins' three simple money principles:
- avoid debt
- spend less than you earn
- invest the surplus

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Happy, Healthy & Financially Free12 months ago

If you are a gig worker and you paid more in taxes this year than you thought you would, there are ways to plan ahead for next year!

IF THIS:
- You have net earnings from self-employment of $400 or more from gig work, even if it's a side job, part-time or temporary.
- You make $6,000/year or more from your side hustle (door dash, uber, etc.)
- You didn’t pay at least 90% of the tax on your current-year return quarterly or 100% of the tax shown on the prior year’s return.

THEN THIS:
- Consider paying taxes quarterly to avoid a 5% penalty on up to 25% of the total tax bill
- Make sure you tracking and taking all eligible deductions (mileage deduction, etc.)

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Happy, Healthy & Financially Free2 years ago

Rich = money
Wealth = an internal life full of fulfillment

The punchline: all the money in the world [and] no fulfillment is a horrible life. No money and fulfillment - I would much rather be in that position, but the real answer is money AND fulfillment. That’s the ultimate game because now you’re in control [of] your time you.”

- Tom Bilyeu

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