the IRS cleaned out my savings

Published: 15 April 2024
on channel: Cece Xie
20,866
373

Happy Tax Day! Or if you’re like me and navigating taxes while self-employed for the first time: condolences. I thought that being in a lower tax bracket (https://cecexie.substack.com/p/financ...) meant that I would pay a lower percentage of my income in taxes (because that would make sense, right?), but it turns out this is just further evidence that I am terrible with money and finances. In this video accompaniment to my newsletter (https://cecexie.substack.com/p/the-ir...) , I talk about the shock of seeing my tax bill, why high-salaried people can still be terrible at personal finance, and how I think through whether to apply to jobs again or liquidate my investments/withdraw early from my 401(k). When do you call, when do you fold, and when do you raise?


Read the full essay on my newsletter, debrief: https://cecexie.substack.com/p/the-ir...


This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cecexie.substack.com (https://cecexie.substack.com?utm_medium=podcast&utm_campaign=CTA_1)


Watch video the IRS cleaned out my savings online without registration, duration hours minute second in high quality. This video was added by user Cece Xie 15 April 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 20,86 once and liked it 37 people.