New Episodes Every Tuesday!
Feb. 21, 2023

Paychecks and Profits: Leveraging Your W2 w/ T.R. Smith

Becoming financially independent doesn’t always mean that you have to strive to quit your 9-5 as soon as humanly possible. If you enjoy your job, but just want to maximize your return on earned income, then our guest T.R. Smith is ready to share some actionable tips with you! If you want to build generational wealth you need to find some "Home Run Investments."  T.R. defines a home run investment as a method of investing that will give you an excellent return on your money with little risk. These kinds of investments can be made based on the money you contribute or by reducing the amount of taxes that you pay annually. In both cases, you are building wealth immediately. T.R. has dedicated himself to help people build wealth by maximizing employee benefits and reducing taxes - along with many other strategies. In our conversation, we discussed strategies to increase your profits and lower your tax obligations, how to maximize your 401(k) benefit, how to use an IRA to begin building generational wealth, the best ways to use your Flexible Spending Account (FSA), ways to generate profits from your Health Savings Account (HSA), and how to set up your family for success by using 529 College Savings Accounts & Custodial Accounts.

 

You can connect with our guest on Instagram @trsmithinvests or online at  https://paychecksandprofits.com.

 

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to info@TheRealFI.com and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

 

You can connect with you hosts on instagram:

 

James on Instagram: @James_Rippeon

 

Patrick on Instagram: @RentalPropertyCouple

 

Let's kick the 9 to 5!

 

Decide. Commit. Take Action!