The One Thing I Happily Outsource: Taxes
There are some problems I'll wrestle with myself. Taxes are not one of them. 😅 Taxes can feel like a maze designed by accountants, lawyers, and a few very determined squirrels with calculators. When it comes to that world, I'm perfectly happy to bring in a professional guide. But there's one system I recommend to keep things simple during the year. The 33 / 33 / 33 Method Every dollar that comes in gets split three ways: • 33% → Operating Costs This covers the tools, software, marketing, and expenses needed to run the business. • 33% → Taxes Set this aside immediately so tax season doesn't feel like a financial ambush. • 33% → Income This is what you actually pay yourself. Why This Works The magic is in the tax bucket. By setting aside taxes throughout the year, you avoid the panic of a giant bill showing up later. Even better, that money quietly grows your emergency buffer while it sits there waiting for tax time. Think of it like building a financial sandbag wall before the storm hits. When April arrives, instead of saying: 💥 "How am I going to pay this?!" You're saying: 😎 "Already handled." ⚡ Credit Avenger Question How do you handle taxes? Do you: 1️⃣ Set money aside throughout the year 2️⃣ Deal with it when tax season arrives 3️⃣ Outsource the whole thing and sleep better at night?