Keeping Up with the Joneses
Lifestyle inflation can be the enemy of wealth building. What could happen if you invested instead of buying more stuff?
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Have income that isn’t subject to tax withholding? Or insufficient withholdings? You may have to pay estimated taxes.
The chances of an IRS audit aren't that high. And being audited does not necessarily imply that the IRS suspects wrongdoing.
When you’re married and have children, insurance needs will be different.