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The YNAB Podcast

069 - Managing Your Life's Single Biggest Expense

The YNAB Podcast

YNAB

Consolidation, Total, Budget, Dave, Peace, Money, A, Education, Ynab, Finance, Bankruptcy, Makeover, Fpu, Software, Management, Personal, Need, Ramsey, Financial, University, Debt, Kids & Family, You

4.71.1K Ratings

🗓️ 11 February 2013

⏱️ 32 minutes

🧾️ Download transcript

Summary

An interview with my tax advisor, and the author of Tax Insight, Casey Murdock. He's a tax genius, and he saved me 20k in taxes a few years ago. Case closed!

Transcript

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0:00.0

Hello, one embers, my name is Jesse Meekham and this is

0:15.2

podcast number 74 you need a budget where we teach you four rules to help you

0:19.6

stop living paycheck to paycheck, get out of debt and save more money.

0:25.0

And you save money with the big wins.

0:27.0

And one of the big wins, the biggest win, of all big wins

0:31.0

in saving money, your biggest expense in your life without question unequivocally

0:39.5

is taxes.

0:42.1

And it is tax season, you've heard the H&R block.

0:45.0

Commercials on the radio.

0:49.0

Hi, my name is Jim. I'm a former CFO and now I do people's taxes and then they give a

0:54.3

disclaimer saying if there was an error and we didn't do this correctly they'll

1:01.0

do some kind of a refund guarantee. Everybody focuses on the

1:04.4

refund into it with their turbo tax. Maximize your refund tax act.

1:08.9

Maximize your refund maximum refund guarantee. Well the fact of the matter is what you put in is what you get out.

1:16.0

And today I am interviewing my tax advisor, Casey Murdoch, author of the book Tax Insight,

1:22.0

really nice guy.

1:25.0

I mean, he does taxes.

1:29.0

So he's a little weird.

1:31.0

But beyond that, super nice guy and super, super smart. little back when I had one guy do my taxes and then I brought him to him and he did a little

1:43.6

switcherousky, waved his magic wand, all the stars aligned, and yeah, serious, it was 20,000

1:52.3

bucks that I immediately used to help pay down my mortgage.

1:56.6

Can you doesn't that make you feel a little bit sick to your stomach to think that you could be overpaying and you have no idea.

...

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