#and Financial Planning

[ipasantosh]

Diploma in Taxation 

[theambitiouswoman]

Basic Financial Rules To Live By 💰✨

Create a plan that shows how much money you get and how much you spend. This helps you see where your money goes.

Set aside a part of your money as savings. Try to save at least 10-20% of what you earn.

Be careful with borrowing money, especially if you have to pay back a lot of extra money (interest).

Save some money for unexpected things like medical bills or losing your job. Aim to have enough to cover your living costs for a few months.

Put your saved money into different things that can make it grow, like stocks or real estate. Be patient, as it takes time.

Don't spend more money than you make. Stick to buying what you really need, not just what you want.

Decide what you want to do with your money, both in the short term (like a vacation) and long term (like retirement).

Set up automatic transfers to your savings and bills so you don't forget to save or pay your bills on time.

Make saving money a top priority before spending on other things.

Regularly look at your money situation, adjust your plan as needed, and see how your investments are doing.

Pay your bills on time and use credit wisely (like credit cards) to keep a good credit score, which can help you get better deals on loans.

Save money for when you're older and don't work anymore. Use retirement accounts to help with this.

Think before you buy things. Don't buy something just because you want it; think if it's necessary.

Keep learning about how money works and how to make smart money choices.

Only use your emergency fund for real unexpected problems, not for things you just want to buy.

[saikikdoodles]

Mermay [ daily click 🇵🇸 ]

[financialfreedomforever]

[dotted-clouds]

Guess who is opening emergency commissions because a personal issue regarding school just landed on my lap...

Reblogs are appreciated. Contact me on [Twitter], Tumblr Messages, Ko-Fi Messages, or email [dottedclouds.work@gmail.com]

Ko-Fi Link: https://ko-fi.com/dottedclouds

[mylittleredgirl]

cutting off the top and bottom of tv shows filmed in 4:3 aspect ratio to squeeze into 16:9 is Bad and the original tv directors should be allowed to commit crimes about it. sometimes you just know this episode was a gorgeous piece of art in its original format and now it’s like it was filmed by a toddler with a zoom lens. let me see people’s whole foreheads i’m begging.

[alwaysbewoke]

this is why prenups are important because you have to leave her. she's not an adult. she's a child in an adult body who wants this guy to just be a walking, talking atm machine with a dick. she's clearly contributing nothing but wants him to work himself to death so that she can have a social media worthy life. this is why men need to continue asking "what does she bring to the table?" or they will find themselves in this situation.

[thashining]

"I never owed on taxes till trumps tax plan. I've owed every year since"

"Are we Great yet?"

[naomiknight-17]

Hey so

It's my birthday, and my husband's glasses broke and the frames needed to be replaced which is like $170

So I'm just putting it out there, if anyone wants to help us pay for that. It's uh. Kind of important. It would be a nice birthday gift to have help with this expense.

[clockwaysarts]

*rubs face tiredly*

I really wish I was well enough to get my store open again and start casting again.

[cozy2000]

FINALLY GOT THIS COMM FROM @captyns IM SO HAPPY THANK YOU <3333333333333333

[theambitiouswoman]

Wealth Building: Money Topics You Should Learn About If You Want To Make More Money

Budgeting: This means keeping track of how much money you have and how you spend it. It helps you save money and plan for your needs.

Investing: This is like putting your money to work so it can grow over time. It's like planting seeds to grow a money tree.

Saving: Saving is when you put some money aside for later. It's like keeping some of your treats for another day.

Debt Management: This is about handling money you owe to others, like loans or credit cards. You want to pay it back without owing too much.

Credit Scores: Think of this like a report card for your money habits. It helps others decide if they can trust you with money.

Taxation: Taxes are like a fee you pay to the government. You need to understand how they work and how to pay them correctly.

Retirement Planning: This is making sure you have enough money to live comfortably when you're older and no longer working.

Estate Planning: This is like making a plan for your stuff and money after you're no longer here.

Insurance: It's like paying for protection. You give some money to an insurance company, and they help you if something bad happens.

Investment Options: These are different ways to make your money grow, like buying parts of companies or putting money in a savings account.

Financial Markets: These are places where people buy and sell things like stocks and bonds. It can affect your investments.

Risk Management: This is about being careful with your money and making smart choices to avoid losing it.

Passive Income: This is money you get without having to work for it, like rent from a property you own.

Entrepreneurship: It's like starting your own business. You create something and try to make money from it.

Behavioral Finance: This is about understanding how your feelings and thoughts can affect how you use money. You want to make good choices even when you feel worried or excited.

Financial Goals: These are like wishes for your money. You need a plan to make them come true.

Financial Tools and Apps: These are like helpers on your phone or computer that can make it easier to manage your money.

Real Estate: This is about buying and owning property, like a house or land, to make money.

Asset Protection: It's about keeping your money safe from problems or people who want to take it.

Philanthropy: This means giving money to help others, like donating to charities or causes you care about.

Compounding Interest: This is like a money snowball. When you save or invest your money, it can grow over time. As it grows, you earn even more money on the money you already earned.

Credit Cards: When you borrow money or use a credit card to buy things, you need to show you can pay it back on time. This helps you build a good reputation with money. The better your reputation, the easier it is to borrow more money when you need it.

Alternate Currencies: These are like different kinds of money that aren't like the coins and bills you're used to like Crypto. It's digital money that's not controlled by a government. Some people use it for online shopping, and others think of it as a way to invest, like buying special tokens for a game.

[dozydawn]

Sposabella, 1988.

Model: Ann Marie Regal.

[tinystepsforward]

i also realise there's people who are gonna be like "you expect me to believe that tony tinystepsforward is 29, disabled, a sex worker of nearly a decade, worked at automattic for six years, and someone who does as much organising with local trans and prison abolitionist and sex worker spaces as they seem to imply" and frankly you can believe i'm lying if you want, that's your right, just block me or w/e you don't have to be here. but yes i do in fact both work to eat and work for a better world. i just happen to be the kind of person who really struggles with inertia and is always doing a million things. kiasu, as my singaporean friends still call me, though i don't think i fit the classic archetype there at all — it's not a fomo thing as much as a having poor judgement about the feasibility of the ways i want to be generous with my time and energy and skills. i'm working on it. i would like to learn how to rest.

[fuzzyghost]

[pub-lius]

do you know how hamilton felt about the madison-hamilton fallout? just realized everything i know about it is from madison’s perspective

oho boy do i

This has actually been a subject of interest of mine since I read The Three Lives of James Madison by Noah Feldman (great book, highly recommend). In the study of Alexander Hamilton, this is a crucial event that would define his proceeding political actions.

For some background for those who may not know what anon is referencing, Alexander Hamilton and James Madison were colleagues and "friends" (if you could call it that) from their time in the Confederation Congress until Hamilton submitted his financial plan to Congress, which was all in all about a decade. In that time, they lobbied for a convention to revise the Articles of Confederation, worked together in the Constitutional Convention, and wrote The Federalist papers together in defense of strong federal government together. The Federalist was like the manifesto of the Federalist party, which placed Hamilton at the head of that party, and, arguably, James Madison as well, until he switched to the Democratic Republican party.

Hamilton's experience was far different from Madison's, just in general, but especially when it came to close friendships between men. The closest relationship he had before James Madison was with John Laurens, who we know died tragically in 1782. Although we are all aware of my feelings on rat bastard Ron Chernow, I thought that this excerpt of his biography of Hamilton described this point very well.

"[Laurens'] death deprived Hamilton of the political peer, the steadfast colleague, that he was to need in his tempestuous battles to consolidate the union. He would enjoy a brief collaboration with James Madison... But he was more of a solitary crusader without Laurens, lacking an intimate lifelong ally such as Madison and Jefferson found in each other," (Alexander Hamilton, Chernow 172-73)

As Chernow mentioned, James Madison was already closely associated with Thomas Jefferson, who he kept well appraised of the circumstances in America while Jefferson was serving a diplomatic position in France. In my personal opinion, I think it was largely due to this that Madison began to attack Hamilton later on, since as soon as Jefferson arrived back from Paris, Madison suddenly had severe moral oppositions to Hamilton's plan, rather than just rational apprehension.

I also want to touch on Hamilton's perspective in their friendship, along with their fallout, specifically when it comes to The Federalist. Hamilton put such a high value on his work, and he held himself to a very high standard. There are a couple instances of him outsourcing his work to other men he admired, such as his last political stance, that the truth of an accusation can be used in libel cases. He asked several men to help him in writing a larger treatise on the matter than what he was able to make (due to yk the bullet that got put in his diaphragm), but these weren't just his friends. These men were very crucial figures in American law, which shows that, unlike men like Jefferson, he was very selective in who he chose to associate with when it came to his work.

This wasn't any different in 1787. When he chose John Jay and James Madison to assist in writing The Federalist, his reasons for both had nothing to do with their personal relationships. Jay was one of the most successful legal minds of the new country, and James Madison, was not only a Virginian, but was an absolute genius and fucking workhorse. If you like him or not, or if you like the Constitution or not, its undeniable that the Virginia Plan was absolute fucking genius, and Hamilton knew that.

This also shows a great amount of trust in Madison. Hamilton was an incredibly untrusting dude. He kept most of his emotions and personality away from work, and really the only people who knew who he was entirely were close family, one or two family friends included. They were the only people who knew his background, which is directly tied into his work, which was the most important thing to him. Without his work, in his eyes, he would have nothing. So for him to trust Madison with something he and the world viewed as one of his most important contributions to American history, that was incredibly significant.

Also I should mention that Hamilton definitely knew how important The Federalist would be, and this is clear in his introductory essay, which is confirmed that he himself wrote.

One thing that any Hamilton historians will agree on is that he was so set in his ways. If there was a moral or philosophical question before him, he would think about it constantly, consult his books and his peers, and once he decided on his stance, there was little to no chance of changing that. The Federalist are, if not anything else, the basis of Hamilton's political thinking. Hamilton, being the arrogant bitch that he was, assumed that every other genius would be equally steadfast in their beliefs.

But James Madison was different in that regard. He was also very tied in with his state's interest, as well as that of the planter class. Hamilton also had a strong bias towards his state and class, but not with the same attitude as someone who was born into it.

Therefore, when Madison openly opposed his Report on Public Credit with a speech in the House of Representatives, Hamilton viewed it as a deep betrayal of his trust, his work, and his principles. Hamilton saw this as a devastating insult to everything he stood for by someone he thought he could completely rely on. This was the 18th century burn book.

That speech immediately kicked off Hamilton lobbying to oppose Madison's counter-proposal, which he won because, frankly, Madison hadn't been expecting Hamilton to immediately come at him with the full arsenal, but Hamilton didn't half-arsenal anything. It was after that that Hamilton was able to process what had happened. According to one of Hamilton's allies, Manasseh Cutler, Hamilton saw Madison's opposition as "a perfidious desertion of the principles which [Madison] was solemnly pledged to defend." Ouch.

The final break between them was on the subject of the National Bank aspect of Hamilton's plan. This is when Madison redefined himself as a Democratic-Republican with a firm belief in strict construction of the Constitution, giving Hamilton free reign to take out his hurt feelings on him through the art of pussy politics* and this entirely dissolved the friendship that had once been there.

*pussy politics (noun): a form of politics in which grown men act like pussies by only supporting the governmental actions that benefit their families/wealth/land/class/etc. and it is very embarrassing and frustrating to sit through

Hamilton would spend a large part of his career battling Madison, and talking a lot of shit about him, which is what has allowed me to paint this stupid ass picture of two grown men fighting over banks. The personal language that he uses in regards to Madison is very different to the accusatory tone he took with his other enemies, and that in it of itself says a lot, but I hope this was able to shed some light on why Hamilton felt the way he did and what exactly he felt. Again, I love talking about this, so feel free to ask follow up questions!