Hannah Cole of Sunlight Tax PhotoCredit Nicole McConville
I see all kinds of incomes in my tax practice, and the one thing it confirms for me is that, once past the basic human needs, money and happiness aren't related. I've been doing a lot of reading on the science of happiness lately, and also on the financial independence movement, (favorites: Mr. Money Moustache, Frugalwoods, and the Mad Fientist) and I've suddenly been noticing the strong thread of happiness science within the extreme-frugality movement. And I had a thunderstrike: artists have a superpower. We already know this. No one goes into art because their top priority is getting rich. And most artists do go into it because they feel a need, and they get things out of art that are more important than money. Things like connections, community, curiosity, continuous learning, challenges and projects, and engagement with the unknown. So this post is just a word of appreciation to you. But here are a few things you can DO with your money to help it grow and give you lifelong security. Because that is my particular passion project:
Open a SEP IRA.
A super basic (and funny) intro to low-cost investing, from Mr. Money Moustache
Article by tax professional Hannah Cole of Sunlight Tax
Check out Hannah Cole of Sunlight Tax on Insta at @sunlighttax for great info for artists!