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Can I Get An Extension, Please? | EP 372

It’s officially tax season! In this week’s episode, Brad and Jonathan discuss tax extensions and share some of their experiences paying taxes in the past. No matter what walk of life you are in, at the end of the day we all have to pay taxes. As members of the FI community, we should do our best to stay calm and tackle the task!

Timestamps

  • 1:10 – Introductions
  • 1:55 – Daylight Savings
  • 5:18 – Viral Nightmare Tax Scenario
  • 11:36 – Putting Aside Taxes
  • 20:39 – Extensions
  • 26:32 – The Not Genius But Still Genius Move
  • 31:17 – Larger Than Expected Tax Bills
  • 34:30 – Small Business and Side Hustles
  • 37:53 – Conclusion

Resources Mentioned In Today’s Conversation

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Lessons From a Young Entrepreneur | Ep 422

At least once in most of our FI journeys, we have pondered what our life would look like if we started earlier. Maybe you have even wondered what value could’ve been gained if you had started in your teenage years. Well, for some context into the possibilities decision that could provide, we decided to have 17 year old listener Devin on the podcast to discuss what life can look like when you go against the cultural norm of going to college, and instead opting for an entrepreneurial and FI friendly lifestyle. Oftentimes we mention that there are rewards that come with stepping out of your comfort zone, and the same can be said for going against the societal norm and carving out your own path! For our younger audience who may be interested in getting started with their FI journey, let this episode be a useful resource and reassurance that this journey can begin no matter your age!

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