the IRS cleaned out my savings
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the IRS cleaned out my savings
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Happy Tax Day! Or if you’re like me and navigating taxes while self-employed for the first time: condolences. I thought that being in a lower tax bracket meant that I would pay a lower percentage of my income in taxes (because that would make sense, right?), but it turns out this is just further evidence that I am terrible with money and finances. In this video accompaniment to my newsletter, I talk about the shock of seeing my tax bill, why high-salaried people can still be terrible at personal finance, and how I think through whether to apply to jobs again or liquidate my investments/withdraw early from my 401(k). When do you call, when do you fold, and when do you raise?
Read the full essay on my newsletter, debrief: https://cecexie.substack.com/p/the-irs-cleaned-out-my-savings
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit cecexie.substack.com/subscribe
