Shaniqua Nicole

💰✨ Hey, Rich Friends! As we approach the end of the year, it’s time to maximize your tax savings! Here are 5 clever tax strategies you can take advantage of—whether you’re an employee or an entrepreneur—before December 31! 🚀💼

1️⃣ **Max Out Retirement Contributions**: Contribute to your 401(k) or IRA to reduce your taxable income. The more you contribute, the more you save for your future AND lower your tax bill—talk about a win-win! 💖📈

2️⃣ **Take Advantage of Flexible Spending Accounts (FSAs)**: If your employer offers an FSA, use it! You can set aside pre-tax dollars for medical expenses, saving you money on taxes while covering healthcare costs. 🏥💸

3️⃣ **Deduct Home Office Expenses**: Entrepreneurs, don’t forget to track your home office expenses! You can deduct a portion of your rent, utilities, and internet costs. Make sure to keep those receipts! 🏠🧾

4️⃣ **Review Business Expenses**: For all you entrepreneurs out there, make sure you’re claiming all eligible business expenses. From supplies to travel costs, every penny counts when it comes to reducing your taxable income! 💼✈️

5️⃣ **Charitable Contributions**: Giving back? Keep track of your donations! You can deduct contributions to qualified charities, which can provide a nice tax break while helping those in need. Spread the love and save! 💖🌍

Make sure to consult with a tax professional to maximize your savings! Let’s finish the year strong and set ourselves up for success in 2024! 🥂✨ 💰🌟

I interviewed a Billionaire 🤯 Stephen Cloobeck in Beverly Hills. I asked him his secret to sales and negotiating as a billionaire and a lesson about money that banks don’t want people to know. Lastly I asked him what’s more important in business what you know or who you know. #wealth #financialfreedom #entrepreneur #motivation

Do you have over a 650 credit score and need funding for your business?

So, I keep seeing the repost saying $100K salary is nothing 🤔. Can y’all help me understand because based on my calculations it absolutely is and if managed right, there is excess of $27K annually.

$100,000
($30,000) - Taxes
($24,000) - mortgage/rent
($6,000) - Food
($7,000) - car note/insurance
($6,000) - clothes
$27,000 (surplus)

Even if you throw in $7K for social/entertainment activities, thats $20K left over.

Can y’all help me understand because from where I’m sitting, this sounds more like a money management issue over and income one 🤔

Amazon is at a good level today. Think it’s time to pull the trigger again! Last time we got him a share for Christmas it was around this level. 🚀

Do you invest for your children?

Newbies in the stock market today is a good day to buy companies you love that are on sale!

If you went to the mall and your favorite shoes were on sale for 20% discount you’d grab them right. And be happy paying!

That’s what you do in day like today…

Went to my first live RE auction & messed around and won 18 acres of land! 🙌🏽🙌🏽🙌🏽

“They shall build houses and inhabit them; they shall plant vineyards and eat their fruit. They shall not build and another inhabit; they shall not plant and another eat; for like the days of a tree shall the days of my people be, and my chosen shall long enjoy the work of their hands.”

Wealth Plays.

How do you invest in companies early like this? Well you’ll need to be an accredited investor. Meaning that you have net assets of at least $1 million, or a gross income for each of the last two financial years of at least $200,000.

There are companies like & and other that bring you opportunities.