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Looking back, my old way of tracking quarterly taxes was a total mess.
I used to just guess and set aside a random chunk of cash, which meant I was always scrambling or short. About two years ago, I started using a simple spreadsheet to put away 30% of every single payment into a separate account the day it hits my bank. It sounds basic, but that one change stopped the April panic for good. Has anyone else found a better way to automate this, maybe with a specific app?
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thomasb4112d ago
That separate account thing is key. My buddy tried the "guess and set aside" method and got a real shock at tax time, made KevinW94's old system look good. He switched to auto-transfers and sleeps way better now.
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