In this episode Kolin talks about some things to think about for those in their 20s when it comes to financial planning. This includes: Cash flow managementInsurance planningDebt payoff managementInvestingInvesting in yourselfDisclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial sit...
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In this episode Kolin talks about some things to think about for those in their 20s when it comes to financial planning. This includes: Cash flow managementInsurance planningDebt payoff managementInvestingInvesting in yourselfDisclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial sit...
9: Understanding the Importance of Asset Location and How Each Account Type is Taxed
Financial Footprints
11 minutes
9 months ago
9: Understanding the Importance of Asset Location and How Each Account Type is Taxed
In this episode Kolin talks about the importance of understanding how different account types have different effects on taxes. Kolin shares the difference between pre tax, post tax and taxable accounts. How each of these account types offer different tax benefits and why it is important to have each of them. Also, Kolin shares a bonus account type that offers triple tax benefit. He explains how different account types will help with your tax diversity and how each play a crucial part in your ...
Financial Footprints
In this episode Kolin talks about some things to think about for those in their 20s when it comes to financial planning. This includes: Cash flow managementInsurance planningDebt payoff managementInvestingInvesting in yourselfDisclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial sit...