We live in a pretty amazing world. One where your average Joe Max can punch a few keys on a keyboard and suddenly call himself an owner of medical office buildings. Then, he can listen in on a meeting occurring thousands of miles away on how much income those medical office buildings are producing.
Well, as fun as it is to blog about skiing the east and buying lambs, it is time to get back to business. I promise you, all these tax articles are going to come in handy once we start talking about saving money on healthcare.
I suppose it is a good idea to just stop for 10 minutes and reflect. We are constantly moving from one thing to another. How is my net worth doing? Am I financially independent yet? I need to run today. Oh, but I wanted to listen to that podcast. I guess I will do both. Facebook. Oil change. Article. Another blog post. Netflix show. Check out that new investment? REITS? New project at work? Need...
You know, it’s actually pretty simple. Avoid buying large trucks with over-engineered tailgates to get you to and from the office. Take a pass on the $500,000 cookie-cutter house in the suburb that looks exactly like your neighbors’. Say no to the $150 monthly CrossFit membership fees. Dodge the $5,000 emergency room bills (with the help of Max OOP). The byproduct of several reasonable decisions over time is usually an obnoxious amount of money left...
Max Out of Pocket has a question for you. Do you have any clue how much you pay into the Medicare program out of every pay check? I mean come on, what else do you have to worry about on a Saturday afternoon? Well, a big piece of the answer is in your FICA (Federal Insurance Contributions Act) payroll taxes. It is an important concept to understand before we get too far into your...