I plan to become wealthy and do everything I want to do while I am still young(30-50 years old) not when I'm 65 and about to die in a few years, that's why I've been building my index fund hyper aggressively. Wish I had started in my early 20's but I plan on making up the money for that lost time. I personally don't understand why people would want to wait until they can barely move to do everything they want to do in life lol
Please this, because I want to do it but can't see it fully beneficial when taxes comes around. I'm probably doing my taxes wrong because I end up paying most years but can't see Uncle Sam liking me take such high interest without paying back most of it or probably all out.
HSA accounts the best accounts because it has a triple tax benefit and it helps lower your taxable income. In an ideal world, you want to pay zero taxes and you want a zero tax refund. If you're paying a ton at the end of the year or youre getting a ton of money back at the end of the year- something is wrong. You're either giving the governemnt too much money (big no no) or you're not giving them enough (big tax bill later!).
Loved this video! I'm trying to pay off my loan as soon as possible! Could you possibly make a video on the different types of repayment plans and which one is the best to use to pay off loans as fast as possible?
Great idea! I actually made a video titled "Here’s a BETTER way to pay off your student loan debt in 2024 (and become a millionaire)". It basically answers your questions. I didn't do into detail about each loan repayment plan but i told you what i would do to pay off my loans as quickly as possible! Hope this helps!
That is true, they did! But only if you use them to buy index funds (or indiivdual stocks/bonds) for you. If you simply call them to ask questions about HOW to move a fund or How to buy a fund or to verify that your actually investing appropriately in your Roth IRA-- that service is free. They won't charge for basic tech support. So this really doesn't change anything.
I plan to become wealthy and do everything I want to do while I am still young(30-50 years old) not when I'm 65 and about to die in a few years, that's why I've been building my index fund hyper aggressively. Wish I had started in my early 20's but I plan on making up the money for that lost time. I personally don't understand why people would want to wait until they can barely move to do everything they want to do in life lol
This was very helpful, thank you! Could you do an in depth video about HSA?
Please this, because I want to do it but can't see it fully beneficial when taxes comes around.
I'm probably doing my taxes wrong because I end up paying most years but can't see Uncle Sam liking me take such high interest without paying back most of it or probably all out.
Sure thing! I LOOOOVEEE talking about HSAs. Let's make it less complicated for you!
HSA accounts the best accounts because it has a triple tax benefit and it helps lower your taxable income.
In an ideal world, you want to pay zero taxes and you want a zero tax refund. If you're paying a ton at the end of the year or youre getting a ton of money back at the end of the year- something is wrong. You're either giving the governemnt too much money (big no no) or you're not giving them enough (big tax bill later!).
Loved this video! I'm trying to pay off my loan as soon as possible! Could you possibly make a video on the different types of repayment plans and which one is the best to use to pay off loans as fast as possible?
Great idea! I actually made a video titled "Here’s a BETTER way to pay off your student loan debt in 2024 (and become a millionaire)". It basically answers your questions. I didn't do into detail about each loan repayment plan but i told you what i would do to pay off my loans as quickly as possible! Hope this helps!
Vanguard just announced fees associated with phone calls.
That is true, they did! But only if you use them to buy index funds (or indiivdual stocks/bonds) for you. If you simply call them to ask questions about HOW to move a fund or How to buy a fund or to verify that your actually investing appropriately in your Roth IRA-- that service is free. They won't charge for basic tech support. So this really doesn't change anything.
Should i invest Nvdia stock on HSA ? All 4150 dollars.
Thank you thank you 🫶🏽
So glad you enjoyed it! ❤️❤️❤️