Description

Which is more important? Earning or saving more money?  I'll talk about the facts around both and how to strike a balance between the two schools of thought.  Spoiler alert!  They're both important!

Full article: https://start100k.com/the-cost-of-earning-more-versus-saving/

Action Items:

1. Check to see what your top marginal tax bracket is for your federal and state income. If you don't understand how the marginal tax brackets work, don't worry, I didn't either.  I'll cover this in another episode.
   
2. Take the Klontz Money Script Inventory to find out what your money scripts are. Think about what your natural tendencies are and how that might affect your decisions around money.
   
3. If this has been even slightly helpful, please share the podcast with someone you know. I'm trying to reach my first 100,000 people, so every download counts and is greatly appreciated!

To contact me, please email podcast@start100k.com.  I read and respond to every email.

Now go get started!

Links:

Klontz Money Script Inventory

https://www.bradklontz.com/moneyscriptstest

IRS

https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2021

https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2022