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Tagged With "side hussel"

Tagged With "side hussel"

  • Starting A Business/Side Hustles
    How have you had to adjust your business or side hustle based on the pandemic this year? What advantages/disadvantages has it posed, and what's your future plan if the economy goes south again? Thoughts?
  • Topic Reply
    I have two side hustles, both of which are in-person (teaching Zumba classes and event photography). When the pandemic hit, I had to pivot to online Zumba classes (by donation) because my gym was not sponsoring me. For the photography business, I decided to temporarily close. I would like to move toward an online side hustle related to events, but haven't started that yet.
  • Retirement Planning
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    Hey all, I am new here. however I have been reviewing and listening to the topics for a while. What I am having difficulty on is this: 401K is pre tax dollars. Any investing money after you get paid is money that has been taxed. Shouldn't the best advice be for retirement planning to max out your 401K contributions before thinking on any other long term investing with after tax dollars? Max out means contribute a full $ amount you are allowed per year, which includes you employer...
  • Topic Reply
    It's typically advised to only contribute up to your 401k match. Once there is no longer a match, or in other words, free money, invest other funds into an IRA. The reasoning is 401 plans are typically limited in the investments you can choose and will be taxed upon withdrawal. However, it varies, so if you feel it is optimal for you to continue to invest in your 401k based on your analysis then continue to do so. Regarding your logic with taking on more risk with after-tax dollars. Higher...
  • Topic Reply
    Hello @Trevor , I was in the same predicament as you mentioned above on this thread. After doing some googling and reading a slight page of Dave Ramseys book, he pretty much mentioned the same thing that @Maykel said. Max out 401K. After that, invest in IRA (I would say ROTH) so when you pull out in the future, its already taxed. I personally am doing this now. Just started it. I would not want to get taxed from only pulling out from 401K. You mentioned real estate, I would recommend this...
  • Topic Reply
    you both touch on a point: invest in 401K as much as your employer matches is the general advice. Tend to agree, however there are additional options to continue on 401k without matching. Something else mentioned is the idea of taxable retirement income vs non taxable (Roth). So thinking this is my action plan: In my circumstances I am past the beginning steps: 2k emergency fund, 8 month expenses liquid savings, no student, car or CC debt, no debt at all till I buy a home. 401K up to...
  • Welcome - Start Here & Introduce Yourself
    As Kulattha improves pitta levels, there might be some side effects of horse gram . So, it is smarter to keep away from in case you are experiencing hyperacidity, any draining condition, such as draining heaps, unnecessary feminine dying, nasal dying, and so forth, and gout. Kulattha is hot and diminishes the creation of sperm. Thus, men looking for barrenness treatment ought to try not to utilize Kulattha. Kulattha ought to be incorporated more into the diet during winters. It has a warming...
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    The perfect side hustle for you is determined by your abilities and expertise, available time, and general interests and ambitions. Check out our entire list for a side hustle concept that catches your attention. Online Dissertation Help
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