Every thought about personal finance I've ever had, as concisely as possible

If you have a company, incorporated or not, you can write off lots of things as business expenses like transportation, buying new equipment or rent for co-working spaces. It's also not that hard to start a company — if you're a freelancer, call yourself a consultant and start a "consulting firm" or start an e-commerce store and call yourself a sole-proprieter. Then you can hire a family member, deduct home office expenses and even if you lose money operating the business, you'll save money on taxes. Investing in your government's version of a retirement savings plan is tax deductible against your personal income. So are losses from the stock market. So is charitable giving! Always try to max out tax free investment accounts/retirement accounts — even if you think it's not worth it the taxes breaks alone mean you come out ahead, even better if your employer matches your contributions. And at the very least, not being able to withdraw for a few decades means you'll be in it for the long

If you have a company, incorporated or not, you can write off lots of things as business expenses like transportation, buying new equipment or rent for co-working spaces. It's also not that hard to start a company — if you're a freelancer, call yourself a consultant and start a "consulting firm" or start an e-commerce store and call yourself a sole-proprieter. Then you can hire a family member, deduct home office expenses and even if you lose money operating the business, you'll save money on taxes. Investing in your government's version of a retirement savings plan is tax deductible against y