Rich Girl Roundup: What Do I Do Financially in My 30s?

The Money with Katie Show

Money with Katie

Investing, How To, Self-improvement, Business, Education

4.8 • 1.3K Ratings

🗓️ 4 September 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

There's a lot of financial advice out there about what to do in your 20s—but what about your 30s? We also chat through a few pieces of feedback from last week's Rich Girl Roundup on taxes. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Reminder: While we love diving into investing- and tax law-related data, we are not financial professionals. We have no formal financial education. We are not financial advisors, portfolio managers, or accountants. This is not financial advice, investing advice, or tax advice. The information on this podcast is for informational and recreational purposes only. Investment products discussed (ETFs, index funds, etc.) are for illustrative purposes only. It is not a recommendation to buy, sell, or otherwise transact in any of the products mentioned. Do your own due diligence. Past performance does not guarantee future returns. Money with Katie, LLC. — Mentioned in the Episode: Last week's Rich Girl Roundup on owing vs. getting a refund with taxes: https://podcast.moneywithkatie.com/rich-girl-roundup-are-you-on-track-to-owe-get-a-refund-or-break-even/ Chelsea Fagan's TikTok about your 30s: https://www.tiktok.com/@faganchelsea/video/7207116547679194373?lang=en Does the Perfect "Save Rate" Exist? https://podcast.moneywithkatie.com/does-the-perfect-save-rate-exist-i-figured-it-out/ — Read Money with Katie: https://moneywithkatie.com/ Follow Money with Katie! Instagram - https://www.instagram.com/moneywithkatie Twitter - https://twitter.com/moneywithkatie TikTok - https://www.tiktok.com/@moneywithkatie Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Rich Girl Roundup!
0:06.0	Theoretically at 40, you are earning more money than potentially at 22.
0:11.0	So you should theoretically have an easier time.
0:14.0	22, Tony soprano.
0:17.0	Your favorite shit.
0:18.0	I love the sopranos. I will die on this hill.
0:24.0	Welcome back Rich People to the Rich Girl Roundup weekly discussion of the Money with Katie Show.
0:30.0	I am your host, as always, Katie Gatti Tossan, and every Monday, Hannah and I dig into an interesting money question.
0:37.0	But before we do, here's a quick message from the sponsors of this segment.
0:48.0	Alright, before we get into it today, we actually wanted to do a little follow-up from last week's episode about tax refunds
0:56.0	to share some listener feedback that we just thought was interesting and pretty valuable.
1:00.0	And you know what, Hannah, we probably should have known that trying to cover a granular tax topic
1:06.0	in this fun and conversational format was bound to introduce some plot holes, but for what I thought.
1:14.0	We've got accountants in the audience and other people that think about taxes, so y'all wait in.
1:20.0	And there are basically three primary areas where we heard feedback that I want to run through.
1:26.0	Yeah, I think this feedback is important.
1:28.0	If you don't carry as much about last week's episode and the feedback we have, I would say you can also skip to around the seven-minute mark in the episode and get started from there.
1:38.0	Okay, Katie, let's get into it. What was the first piece of feedback?
1:41.0	So, the first piece of feedback, this was from an accountant named Kayleigh.
1:47.0	And this was in response to my aside about S Corpse and why I was advised by my accountant not to do one given our situation.
1:56.0	So Kayleigh and I went back and forth a little bit and she did affirm my choice given our circumstances.
2:02.0	But she said a few things about S Corpse that I thought were just important for anyone that is maybe considering one.
	...

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