Month: September 2023

The Five Powerful Uses of Money: Growing Your Wealth With a Tax-Smart Savings Plan (Ep. 13)

The Five Powerful Uses of Money: Growing Your Wealth With a Tax-Smart Savings Plan (Ep. 13)

The first step towards growing your wealth is a fairly straightforward one: Establish an adequate emergency fund. But it’s the steps to follow that can make managing and increasing your wealth complicated. Intentionally building your wealth requires careful financial planning and smart tax strategies—skills that may not come naturally to everyday savers.  

From putting all your savings in one risky basket, to keeping too much cash on hand, in this episode, Jason reveals a few surprising truths about maximizing the growth potential in every dollar. 

Listen now to learn:

  • Why your emergency fund may not look like your neighbor’s
  • How excess cash can limit your wealth growth
  • 3 tax-smart options to build your savings
  • The role your financial advisor plays in optimizing your portfolio

Resources:

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The Five Powerful Uses of Money: Leveraging Debt and Taxes to Your Best Benefit (Ep.12)

The Five Powerful Uses of Money: Leveraging Debt and Taxes to Your Best Benefit (Ep.12)

At first glance, debt and taxes may seem like two of the least empowering uses of money. After all, both functions can get in the way of your financial plan, if you’re not careful. But what if our understanding of debt and taxes is built on a handful of misconceptions? 

In this episode of Own Your Wealth, host Jason and special guest Zach Carver, CPA, CFP®, discuss the good, the bad, and the timely aspects of owing money. From timing your taxes to optimize your savings, to differentiating between good and bad debt, this conversation offers actionable insights worth considering today. 

Listen now for:

  • ‘Good debt’ vs. ‘bad debt’—and why good debt can sour
  • The advantages of minimizing your tax return
  • How timing your expenses can positively impact your taxes
  • When reducing your taxes can come back to bite you
  • And more

Connect with Zach Carver CPA, CFP®:

Resources:

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