💳 Should you pay taxes with a credit card?

Published 2 months ago • 1 min read

Good morning Reader,

How are the temps where you are? We're in the single digits in Maryland but it's not nearly as wild as what folks in Texas (snow in Houston???) and Florida (snow on the beach in Destin???) are experiencing!

We actually had a pipe freeze overnight (it's in an unheated crawlspace) but was fortunate that fifteen minutes with a hair dryer did the tricks.

Homeownership is fun! 😂

(View this email as a webpage)

💳 Should you pay taxes with a credit card?

Good question!

The short answer is "usually, no." The fees are higher than what you'd earn in rewards.

But there are exceptions:

👉 Should you pay taxes with a credit card?

✊ How to be more Agentic

Agentic is such a funny word. It sounds real and fictional at the same time. You’d expect to read about Agentic in Homer’s Iliad.

But it’s the adjective to mean someone who “has agency,” which itself means someone who is exerting control over their life. They are living it rather than simply experiencing it.

Semantics aside, if you wish to have more agency in your life, this is a great article for you:

👉 How to Be More Agentic

🪙 Trump Memecoin madness

Did you see what happened over the weekend? Donald Trump released a cryptocurrency memecoin.

It immediately shot up ($18bn), then fell, then went up, ... what you'd expect from pure speculation. As I write this, it has a market cap of $7.75 billion. Wild!

I stay away from cryptocurrency because it's full of situations like this. This isn't investing, it's pure gambling.

👉 Here's what happened (Instagram video)

What did you think of today's email?
✅ I Loved It! 🟨 It Was Okay ❌ Not My Favorite

Take care!

Jim

PS. I'm debating building a course and want to make sure it's exactly what you need. What’s one topic you'd love to learn that would make you excited to join? Hit reply and let me know—thank you!

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Read more from Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

💳 How to get a retention offer

Greetings Reader, This CNN story about a the scam industry in Myanmar changed my thinking about scams. In the past, I thought the scammers were the ones getting the money. In many cases, they are forced to work (both economic and physical) for criminal gangs. I used to think it was funny that you had people baiting these scammers but I'm not so sure anymore... just something to think about. So often, the ones who deserve the blame are not the "front line" workers that face people... seems to...

about 19 hours ago • 1 min read

💵 Do you feel confident?

Greetings Reader, The Conference Board publishes a consumer confidence index each month that captures how Americans feel about their economic future. The latest number for March was the lowest it's been in 12 years. The future is always unpredictable but when we feel bad about it, it becomes even harder to navigate. My advice for this? Be smart and prepare for a recession but stop watching the news about it. It's not good for you or your psyche! (FWIW, 12 years ago in 2013, all the indices...

8 days ago • 1 min read

🔔 How to prepare for a recession

Howdy Reader, The Federal Reserve meets today and will announce any interest rate changes this afternoon, though traders expect no change. (well, 1% chance of a 25 basis point reduction, which is tiny) The interesting thing is that the Fed may have tamed inflation without causing a recession (yet?). Here's a good article on that subject. Whether or not we will face a recession in the next year or two will yet to be seen, but if you're worried then you'll want to read the first article. (View...

15 days ago • 1 min read