Journal Club 08-25-23 – Passive Income MD – Passive Income Article

Here’s Journal Club 08-25-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!

• Nobody enjoys paying large sums of money come tax season. So it’s a no-brainer that tax planning should be a crucial aspect for lowering your tax burden. Speaking of which, the Physician on FIRE discusses a valuable strategy that is often overlooked, which could potentially save you thousands of dollars each year. Curious to find out what that could be? The author shares more in the article – The Monetary Value of Tax Loss Harvesting & How to Report it to the IRS.

• Reading personal finance blogs is an excellent way of seeking inspiration and new ideas from ordinary people who have achieved extraordinary milestones, would you agree? However, it may come across as these individuals did everything right to make this happen, which can be a bit discouraging. The Happy Philosopher makes this fascinating observation and emphasizes that attaining financial independence doesn’t require you to be perfect and shares key pointers for building a secured financial future in the post – How to Make Financial Mistakes and Still Achieve Financial Freedom.

• The student loan…