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Be Wealthy & Smart

Tax Credits Available Under the Inflation Reduction Act

Be Wealthy & Smart

Linda P. Jones

News, Business News, Investing, Business

4.8883 Ratings

🗓️ 22 August 2022

⏱️ 14 minutes

🧾️ Download transcript

Summary

Discover the tax credits available under the Inflation Reduction Act.

The article is here.

Are you on track for financial freedom...or not?

Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle.

If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.

Your compounding rate, and how well you invest, matters! 

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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom. 

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Transcript

Click on a timestamp to play from that location

0:00.0

Be wealthy and smart episode one thousand and seventy nine.

0:03.2

I'm gonna live the rich life

0:07.8

for the best life

0:10.0

if y'all know what I mean put your hands up and declare with me

0:14.0

Yeah, I'm full of bad

0:16.0

eh hey I'm

0:18.0

I'm gonna live the good life

0:21.0

and beautiful and financial freedom without budgets, boredom or bosses on

0:31.6

be wealthy and smart. And now here's your host, Linda P. Jones.

0:37.0

Welcome to Be Wealthy and Smart. I'm Linda P. Jones, America's Wealth Mentor.

0:42.0

Empowering women and Men Worldwide to Financial Freedom.

0:45.4

On today's show, we're going to talk about the inflation reduction act because there are

0:50.6

green home improvements that will give you tax credits for energy efficient home products and upgrades.

0:58.0

And this is something I wasn't really aware of until I came across this article in Kipplinger.

1:02.6

And I wanted to share it with you

1:04.1

because sometimes these things can be technical

1:07.0

and they're not the kind of article

1:08.6

that you might want to read on your own.

1:10.8

So I'm actually going to read this article to you so forgive me for reading the whole thing to you but I think that's the best way to handle it because there's a lot of technical information in here

1:20.3

It's very detailed. It's very specific some of it is right out of the act and

1:24.9

the wording from the act so everything has to be given to you in the exact

1:30.0

phrasing that this bill has provided for us. But the good news is there are tax credits

...

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