Providers, I'm curious if you report most if not all of your money each year?
I'm not a tax professional or anything, but there was a discussion in the National Sandbox and one guy said that most providers don't report taxes and that most of us have poor money management.
So, I'm just curious what percentage actually pays taxes each year. I know I do.
Providers, please vote on the poll if nothing else. Thank you.
Originally Posted by Tori Hastings
Yes, I do pay taxes. So I can put money into my retirement accounts, my IRA and ROTH IRA. The more you declare the more you put into those accounts for the future. Plus, I bought a house, so I had to prove that I have a certain income or I wouldn't have qualified for the loan. Same thing with my car. Good credit is also a must. I also put a large 40% down payment on my house, and refinanced it.
Sadly, it's kind of true that some girls have poor money management skills but that's not because they're providers, MOST women in any profession aren't as saavy about their personal finances like men are. And yet, when it comes to investing, women almost always have better intuition and sense about that.