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🗓️ 1 April 2024
⏱️ 24 minutes
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0:00.0 | I have seen a lot of debate on the internet recently about renting versus buying. |
0:13.0 | So whether it's a home, a car, or even clothes |
0:16.6 | and furniture, it seems that everyone has |
0:18.2 | a very strong opinion about this topic. |
0:22.0 | Welcome to this episode of the Rachel Cruise Show podcast. |
0:25.0 | I'm so glad that you're here. |
0:27.0 | So in this episode, we'll chat about another one of my most hated pieces of financial advice, a hint, it can actually be a great way to earn some |
0:36.6 | extra income. |
0:38.3 | Then I'll talk about the pros and cons of renting versus buying in all aspects of life. |
0:44.0 | But first, let's dig into the American tax system |
0:47.4 | in just under 10 minutes. |
0:49.0 | Take a listen. |
0:50.4 | It's April, which means it's officially tax season and unfortunately April Fool's does not apply for taxes and for a lot of people paying taxes comes with a lot of uncertainty even though we know it's coming at the same time every single year |
1:04.7 | but there's still this element of unexpectedness to it right it's just like oh my gosh but you know |
1:09.1 | from exemptions to write-off super percentages there's a lot that can change year to year. So today I'm |
1:14.4 | telling you exactly what to expect and stick around till the end because we'll go |
1:19.0 | over all the nitty gritty details and I'm sharing my number one tax season tip with you guys so stay tuned. |
1:25.3 | All right let's start off with eligibility so you only need to file your taxes if you're eligible |
1:31.5 | and whether you're eligible for filing a tax return |
1:34.6 | depends on four factors. |
1:36.6 | Age, are you above or below 65? |
1:40.0 | Income, are you earning the minimum gross income filing status are you filing as |
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