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45. Side Hustle 101 with Jannese Torres (Yo Quiero Dinero)

Financial Feminist

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How to Optimize Your Taxes

I made a huge mistake as a side hustler for many years because I didn't interpret the fact that this was like actual money that I would have to pay taxes on. So now I set aside at least 15% of all of my revenue for taxes. There are ways you can optimize too. Set aside in a separate high yield savings account than all of your other high yield savings counts, specifically money for your taxes. A business license takes like two seconds, guys, like truly takes two seconds.

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