Our society is so simple and so standardized...NOT!
In an effort to simplify the tax code, lawmakers aggressively pushed and passed the Tax Cuts and Jobs Act of 2017. One of the first claims of the Trump administration was to reform the tax code and streamline tax filings so far as to allow people to file their taxes on a postcard-sized piece of paper! Do I think it’s possible? Yes! But I think it will only be applicable for taxpayers with little to no complications in their tax returns.
There are these billboards on the highway close to where we live that says we spend more time doing x, than planning for retirement. This sounds scary to me. I will also be the first to admit that sometimes I get lost on social media. I've learned to strike a balance though by using a financial app that's as easy to use and as aesthetically pleasing as the feeds I see on Instagram. When it comes to financial apps out there, there is no shortage of tools that one can use, but after using Personal Capital for almost two years now, I would highly recommend it to anyone wanting a high level overview of their finances. While Personal Capital is an account aggregator, it has so many other tools that make it worthwhile to use especially at the price of FREE. Well, right now, it is free, however, they do have wealth management services that they will sell you on. I don't use their financial services, but honestly, I would pay to use the aggregator service and the analytics that come with it.
I pretty much expected to be in debt for the rest of my life.
I graduated in 2011 from a private liberal arts college with a degree in Theatre and over $25,000 in debt. In addition to that, jobs were scarce when I graduated and I was unable to secure one directly out of college. I bounced around from job to job, industry to industry, city to city, making just enough to cover my bills and even save a little before settling in Buffalo in the fall of 2013.