4min chapter

Inspire To FIRE Podcast (Financial Independence Retire Early) cover image

457 and The 7 Pillars Of FI With The Millionaire Educator

Inspire To FIRE Podcast (Financial Independence Retire Early)

CHAPTER

Income Maximization, Tax Minimization

i put about 20 % weight to debt avoidance in my mind. As a teacher, i never really had a side hustle at home, but i did have a side Hustle at school. I taught four out of four every day and some esters paid me 25%. From that, we earne 12 thousand dollars more a year teaching the same job. So that's income maximization. Tax minimization is a, you know, april fifteenth, you shouldn't be howling at the moon about how much you're paying in taxes. Frugal living allows you to keep a surplus. If youre arning three and you're spending 35 hundred, it's not working

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