Welcome!

Congrats! You're done (or almost done) with school! College/university, in this case. Now what?

Chances are, your formal education did not prepare you for the real world. Paying rent, school loans, and bills, and still having money leftover for going out. Preparing your tax return. Building credit. These are things that all well-functioning adults must be in control of in order to save for financial goals, build wealth, and ultimately live the life that they want to live. 

I have been lucky (and smart and hard-working, my friends would say) in order to get where I am today. I am a CPA, own property, travel, and enjoy my life. I am not an investment banker, nor did I suddenly cash out with an inheritance or lottery winnings. I have a stable job, and I am practical with my money.

My friends and I are all in our 20s. While I have been in the working world for seven years now, many of my friends are just finishing their formal educations and starting their careers. Some of them live with their parents. Many are still taking out school loans for their living expenses. 

My friends often come to me with advise for the very basic of things. How do I prepare a tax return? (My dad's been doing it for me...) How do I get credit? (I have none...) What's a 1099? (Shit, do I owe money???)

This is your after school special. Controlling your money means you have to understand how money can work for you, as well as what the IRS requires. Building wealth means building positive money habits. It also means breaking those seemingly harmless habits that add up to big expenses. Ultimately, you have to educate yourself to reach those financial goals. I hope with my practical advise in layman's terms, I can help you reach financial security.

If you have any questions or topic suggestions, please leave a note in the comments.

Thanks!

K

Please note disclosure: this blog and the posts within are my own practical opinions and experiences. They are in no way legal or financial advise and may not apply to your individual situation. If you need legal or tax advise on your specific situation, please consult a local professional who is familiar with the laws in your state.

IRS CIRCULAR 230 DISCLOSURE:

Pursuant to requirements imposed by the Internal Revenue Service, any tax advice contained in this communication is not intended to be used, and cannot be used, for purposes of avoiding penalties imposed under the United States Internal Revenue Code or promoting, marketing or recommending to another person any tax-related matter.