Maximizing your EV in life
In my last post in this series, I compared and contrasted the income and tax situation of working for the man versus working for yourself. After adding up the benefits and tax effects (and not counting additional tax breaks that your business may be eligible for), the main effect was mostly a wash. Yes, self-employed… [Read More]
What is your opportunity cost? In my last post in this series, I talked about becoming a freelancer, and some of the things we have to consider. Why would someone become a freelancer? Is it feasible for someone of average means? How much money do you need to survive? Another important point to consider is… [Read More]
Some of you have been waiting for it, and here it is! I left a sinking ship a couple of months ago, and I have been sailing away in my own direction since then. Has it been easy? Nope. Has it been challenging? Yep. Has it been fun? Hell yes! That’s not to say that… [Read More]
The following post is by staff writer Teacher Man, who writes at My University Money. The financial industry makes a mint of throwing buzzwords as people that are financially illiterate. How many times do we see financial planners throw around the term “diversification” as if it were not merely one of the Ten Commandments, but first… [Read More]
I recently received a question from Rachel, a reader here at Invest It Wisely, and with her permission I am publishing the question here so we can get feedback from fellow readers and bloggers. Rachel is concerned about her mom’s retirement. Her mother is self-employed and has no other relatives to lean on other than… [Read More]
