))
Are You Paying the First-Gen Tax?
Manage episode 422798077 series 3437208
Treść dostarczona przez Israel and Sunem Tovar and Sunem Tovar. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Israel and Sunem Tovar and Sunem Tovar lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
#74: In this episode of Money Noticias Podcast, the hosts, Israel and Sunem, discuss the concept of the 'first-gen tax' and how it impacts individuals who are the first in their families to navigate certain financial and societal challenges. They provide examples of the first-gen tax, such as translating for parents, financially supporting parents, making financial decisions without proper knowledge, and paying for services that were not accessible in childhood.
Episode Takeaways:
- The first-gen tax refers to the additional financial and societal challenges faced by individuals who are the first in their families to navigate certain systems and responsibilities.
- Examples of the first-gen tax include translating for parents, financially supporting parents, making financial decisions without proper knowledge, and paying for services that were not accessible in childhood.
- Understanding and articulating the first-gen tax can help individuals feel validated and empowered in their experiences.
- Increasing income and investing in assets and oneself are effective strategies to overcome the first-gen tax.
- Adopting a collectivist mindset and setting financial boundaries are important for financial well-being.
- Seeking support and sharing resources with others can help in navigating the first-gen tax.
Connect with us!
Other Episodes You Will Enjoy
- How Scarcity Can Lead People to Become Teachers with Esther
- Making Your Money Work Hard for You
- How Sarai Paid Off Her Mortgage and is Building Generational Wealth as the Eldest Daughter of Immigrants
- How to Combat the Single Tax and Save Money as a Single Person
- Why Budgets are Financial Boundaries
Want to begin getting your money right? Download our free money guide and training today!
6 Strategies to Take Control of Your Debt Guide
Interested in receiving 1:1, tailored support to help you start investing?
90-minute Investing Clarity Session
95 odcinków
Udostępnij
