Back in the saddle after a long Easter weekend. Hopefully everyone had a great weekend, and didn’t eat too many Reese’s eggs (I know I did). After a weird start to the season, the Mets FINALLY play a baseball game tonight, so for me today is a good day!
Here’s what I’ve been reading this morning:
‘How Can You Owe $800k in Taxes on $45k of Profits?’ – Mullooly Asset Show
- In this episode, Tom walks through a scenario in which a Robinhood trader found himself owing $800k in taxes making only $45k in profits. Trading on margin is dangerous! Be careful.
‘How Much Money Do You Need to Make to Buy a New Car?’ – Ben Carlson – A Wealth of Common Sense
- Buying a new car is more expensive than people think, but plenty of people do it all the time! In his latest post, Ben takes a look at just how expensive new cars can be in different parts of the country.
‘The Art of Better Financial Recordkeeping & Why it Matters’ – Peter Lazaroff
- We’re nearing the end of tax season, and one thing has probably made your filing easier or more difficult: organization. In this post, Peter outlines why organization and proper recordkeeping is so important, and how to get better at it.
‘The Pandemic has Upended Personal Finance Education in Schools’ – Carmen Reinicke – CNBC
- When COVID-19 hit the US, schools everywhere were forced to adopt virtual learning and different schedules for their students. Unfortunately, personal finance education has suffered over the last year, and it wasn’t exactly coming from a strong place pre-pandemic to begin with.
ENJOY!
