Is Now a Good Time to Pick Stocks? The Pros & Cons of Active Investing with Jack Raines
The Money with Katie Show
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How to Plan for the Impact of Commission Income
The way commission is taxed varies a little bit from person to person based on how you're being paid. But here's the important part, it all comes out in the wash during tax time. From a budgeting perspective, i think it depends on whether or not your base pay is high enough to live on. Some rolls are almost entirely commission based, so that base pay isn't very consequential at all. I would try to build a budget around my base pay only then treat the commission income as a mix of discretionary and investing funds. It's a good idea to avoid making major decisions based on expected commission, like how much house or car you can afford. And lastly, make sure
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