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The Limited Significance of Your Money: Exploring its True Value

The Limited Significance of Your Money: Exploring its True Value

There are only four things you can do with your money: pay taxes, spend it, invest it, or give it away. That’s it. Not very exciting, is it. What is important, is how you use your money to get the life you want.

Manage Your Gifts in a Taxwise Manner

Manage Your Gifts in a Taxwise Manner

We don’t usually think of managing gifts for tax purposes, but as you begin thinking about how you want to share your wealth it becomes very important. There are two types of gifts I’m thinking about here, charity and the gifts to your heirs.

Level Your Income to Minimize Your Taxes

Level Your Income to Minimize Your Taxes

Our tax structure is progressive which means the more you make then the more as a percentage that you will pay in tax. If we knew how much money we will make in our lives and we could control when we will make it, there seems to be an optimal strategy to pay minimal tax.

Pay Your Taxes and Be Happy

Pay Your Taxes and Be Happy

The goal with taxes is not to pay the least amount of tax – it’s to keep as much as you possibly can. There are lots of strategies out there designed to minimize taxes, and unfortunately, many of them also minimize what you take home.