The Difference Between Rich and Wealthy

UPDATED for 2024 What is the difference between Rich and Wealthy? Is there one at all, and if so, does it really matter? . Most of us likely think that being “rich” and being “wealthy” means the same thing. After all, they both mean that you have as much money and resources as you need,…

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What Does Self-Employment Tax Pay For?

What does Self-Employment tax actually pay for? If you’re an entrepreneur you’ve likely asked yourself this question, probably more than once! It might seem like a big pain at first, just another irritating task to deal with in running a business. BUT, here’s the deal with Self-Employment Tax: it pays into a system that you…

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