milansinghhh
Milan Singh
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🤑Top Finance Creator | 6M+ Followers 📧contact@milanmedia.co 🔥Free Stuff ⤵️
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📚 3 books that will change your life
Whenever I find a really good book, I like to read it at least 3 - 5 times to fully absorb, understand, and start practicing everything I learned. If you’re looking for a good read, here are the top 3 books that made the biggest impact on my life, that I still re-read and learn from regularly:
1. How to Win Friends and Influence People by Dale Carnegie has helped with my people skills and made me more magnetic
2. The Power of Now by Eckhart Tolle has really helped me focus on being present and finding happiness in the now
3. Think and Grow Rich Napoleon Hill taught me how to achieve success through definitive action.
Disclaimer: My content is for educational purposes only, this is not financial or any other advice. I may earn affiliate commissions from the links mentioned above.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #booktok #knowledge #topbooks
Whenever I find a really good book, I like to read it at least 3 - 5 times to fully absorb, understand, and start practicing everything I learned. If you’re looking for a good read, here are the top 3 books that made the biggest impact on my life, that I still re-read and learn from regularly:
1. How to Win Friends and Influence People by Dale Carnegie has helped with my people skills and made me more magnetic
2. The Power of Now by Eckhart Tolle has really helped me focus on being present and finding happiness in the now
3. Think and Grow Rich Napoleon Hill taught me how to achieve success through definitive action.
Disclaimer: My content is for educational purposes only, this is not financial or any other advice. I may earn affiliate commissions from the links mentioned above.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #booktok #knowledge #topbooks
🤑 How to save money on your mortgage
If you’re planning on buying a new home, here’s a secret bankers don’t want you knowing. Instead of making a monthly payment on your mortgage, make a bi-weekly payment instead. This way, instead of 12 full payments, you’ll be making 26 half payments for the year. This may sound like you’re paying more money than necessary but hear me out.
The extra bit of money you’re paying will go towards the principal, helping you pay off your mortgage early and saving you thousands of dollars in interest. This strategy is going to feel like less of an expense, and definitely reap bigger benefits in the long run.
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #mortgage #savings
If you’re planning on buying a new home, here’s a secret bankers don’t want you knowing. Instead of making a monthly payment on your mortgage, make a bi-weekly payment instead. This way, instead of 12 full payments, you’ll be making 26 half payments for the year. This may sound like you’re paying more money than necessary but hear me out.
The extra bit of money you’re paying will go towards the principal, helping you pay off your mortgage early and saving you thousands of dollars in interest. This strategy is going to feel like less of an expense, and definitely reap bigger benefits in the long run.
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #mortgage #savings
🤯 How to maximize your child’s inheritance
As you or your parents grow older, the question of family assets comes up more often. When a large asset, like a house, is passed down or inherited, taxes eat up a huge chunk of its value. But there are smart ways to pass on an inheritance without losing much money.
Step up in cost basis refers to the process of adjusting the value of an asset for tax purposes when it is inherited by a beneficiary. The cost basis of an asset is the original value of the asset, which is used to determine the capital gain or loss when the asset is sold. The step up in cost basis allows you to pay capital gains tax on a lower amount, resulting in a lower tax liability. This can be particularly beneficial if the value of the asset has increased significantly since it was originally purchased.
So the next time you’re wondering how to tackle inheritance tax, instead of transferring an asset to someone’s name, remember to put the asset in a living trust and add them as a beneficiary to the trust.
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #inheritance #stepupincostbasis
As you or your parents grow older, the question of family assets comes up more often. When a large asset, like a house, is passed down or inherited, taxes eat up a huge chunk of its value. But there are smart ways to pass on an inheritance without losing much money.
Step up in cost basis refers to the process of adjusting the value of an asset for tax purposes when it is inherited by a beneficiary. The cost basis of an asset is the original value of the asset, which is used to determine the capital gain or loss when the asset is sold. The step up in cost basis allows you to pay capital gains tax on a lower amount, resulting in a lower tax liability. This can be particularly beneficial if the value of the asset has increased significantly since it was originally purchased.
So the next time you’re wondering how to tackle inheritance tax, instead of transferring an asset to someone’s name, remember to put the asset in a living trust and add them as a beneficiary to the trust.
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #inheritance #stepupincostbasis
Ever needed instant cash right before your paycheck hits? We’ve all been in that position. But luckily for you, you don’t have to ask friends, colleagues, or shady loan companies for help anymore. Simply get an advance on your next paycheck with the @Empower Cash Advance. Apply for the advance through their app and get up to $250 instantly, no interest, late fees, credit checks, or any other negative effects!
#EmpowerPartner #moneytok #personalfinance #money #ad #moneytips #hacks
#EmpowerPartner #moneytok #personalfinance #money #ad #moneytips #hacks
💰 Why rich people drive Range Rovers and G-Wagons
You might think that the rich drive Range Rovers to look cool but there’s much more to this. Under section 179, you can actually write off any car that weighs over 6,000 pounds as a business expense and pay less taxes.
The Section 179 Deduction is a tax incentive for businesses to invest in equipment, machinery, and vehicles that are used for their business operations. This can significantly reduce their tax bill and help them reinvest in their business. The deduction is available for a wide range of items, including cars, trucks, and SUVs that weigh more than 6,000 pounds and are used primarily for business purposes (at least 50% of the time).
Please keep in mind the bonus depreciation was decreased from 100% to 80% for 2023.
Remember to always consult a tax professional, this is not advice and the codes are always being updated.
Here's a partial list of SUVs and Trucks that might qualify for a tax deduction:
Audi 07
BMWX5. X6
Buick Enclave
Cadillac XT5. XT6. Escalade
Chevrolet Silverado. Suburban. Tahoe. Traverse
Chrysler Pacifica
Dodge Durango, Grand Caravan
Ford Expedition, Explorer, F-150 and larger
GMC Acadia, Sierra, Yukon
Honda Pilot 4WD, Odyssey
Infiniti Qx80.0X56
Jeep Grand Cherokee
Land Rover Range Rover, Discovery
Lexus GX460. LX570
Lincoln MKT AWD, Navigator
Mercedes-Benz G550, GLS, GLE, Metris, Sprinter
Nissan Armada, NV 1500, NVP 3500, Titan
Porsche Cavenne
Tesla Model X
Toyota 4Runner, Landcruiser, Sequoia, Tundra
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #Section179 #taxwriteoff
You might think that the rich drive Range Rovers to look cool but there’s much more to this. Under section 179, you can actually write off any car that weighs over 6,000 pounds as a business expense and pay less taxes.
The Section 179 Deduction is a tax incentive for businesses to invest in equipment, machinery, and vehicles that are used for their business operations. This can significantly reduce their tax bill and help them reinvest in their business. The deduction is available for a wide range of items, including cars, trucks, and SUVs that weigh more than 6,000 pounds and are used primarily for business purposes (at least 50% of the time).
Please keep in mind the bonus depreciation was decreased from 100% to 80% for 2023.
Remember to always consult a tax professional, this is not advice and the codes are always being updated.
Here's a partial list of SUVs and Trucks that might qualify for a tax deduction:
Audi 07
BMWX5. X6
Buick Enclave
Cadillac XT5. XT6. Escalade
Chevrolet Silverado. Suburban. Tahoe. Traverse
Chrysler Pacifica
Dodge Durango, Grand Caravan
Ford Expedition, Explorer, F-150 and larger
GMC Acadia, Sierra, Yukon
Honda Pilot 4WD, Odyssey
Infiniti Qx80.0X56
Jeep Grand Cherokee
Land Rover Range Rover, Discovery
Lexus GX460. LX570
Lincoln MKT AWD, Navigator
Mercedes-Benz G550, GLS, GLE, Metris, Sprinter
Nissan Armada, NV 1500, NVP 3500, Titan
Porsche Cavenne
Tesla Model X
Toyota 4Runner, Landcruiser, Sequoia, Tundra
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #Section179 #taxwriteoff
🚗 How to save on car insurance
Car insurance companies across America have increased their prices by 19% compared to last August, the highest annual jump recorded in 47 years. So before you pay for your next car insurance, always remember to ask your service provider for all the available offers and discounts. And if they say there are none, I got you.
There are 4 types of discounts you can get to lower your car insurance:
- The Good Driver Discount that you can claim if you have a clean record
- A discount for full-time students with high GPAs
- A Full Pay Discount if you pay for your policy in full at purchase
- A 10% discount if you take the Defensive Driver Course
Learn tips like this and so much more with my Top 15 Hacks that will help you get rid of debt, start investing, and take your money to the next level 💸 Click the link in my bio or go to milansingh.co/hacks to get your hands on them now!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #carinsurance #discount
Car insurance companies across America have increased their prices by 19% compared to last August, the highest annual jump recorded in 47 years. So before you pay for your next car insurance, always remember to ask your service provider for all the available offers and discounts. And if they say there are none, I got you.
There are 4 types of discounts you can get to lower your car insurance:
- The Good Driver Discount that you can claim if you have a clean record
- A discount for full-time students with high GPAs
- A Full Pay Discount if you pay for your policy in full at purchase
- A 10% discount if you take the Defensive Driver Course
Learn tips like this and so much more with my Top 15 Hacks that will help you get rid of debt, start investing, and take your money to the next level 💸 Click the link in my bio or go to milansingh.co/hacks to get your hands on them now!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #carinsurance #discount
🤯 How to prepare for emergencies
Times are tough and emergencies are more frequent these days which is why building your emergency fund should be your #1 priority right now. While you’re able to work and earn, be sure to start building a fund worth 3 - 6 months of your expenses. This will help you sustain your life in case of any natural disasters, health scares, or economic collapses.
Once you have built your emergency fund, you can store it away and earn passive income. But a regular savings account at a bank won’t do much for you. Be sure to put your money in a High Yield Savings Account so you can earn more on your savings. You can sign up for one through the link in my bio (milansingh.co/sofi) to start building your wealth today!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #emergencyfund #savings #wealth
Times are tough and emergencies are more frequent these days which is why building your emergency fund should be your #1 priority right now. While you’re able to work and earn, be sure to start building a fund worth 3 - 6 months of your expenses. This will help you sustain your life in case of any natural disasters, health scares, or economic collapses.
Once you have built your emergency fund, you can store it away and earn passive income. But a regular savings account at a bank won’t do much for you. Be sure to put your money in a High Yield Savings Account so you can earn more on your savings. You can sign up for one through the link in my bio (milansingh.co/sofi) to start building your wealth today!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #emergencyfund #savings #wealth
🤯 How to lower your hospital bill save thousands
Did you know that 80% of medical bills contain mistakes and hospitals are likely overcharging you? The next time you’re being discharged from hospital, be sure to check your bill. Verify the expenses are correct and that they aren’t overcharging you for simple expenses. Use fairhealthconsumer.org to check for true medical costs and you’ll find that you can almost halve your bill!
Learn tips like this and so much more with my Top 15 Hacks that will help you get rid of debt, start investing, and take your money to the next level 💸 Click the link in my bio or go to milansingh.co/hacks to get your hands on them now!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #hospitalbill #expenses
Did you know that 80% of medical bills contain mistakes and hospitals are likely overcharging you? The next time you’re being discharged from hospital, be sure to check your bill. Verify the expenses are correct and that they aren’t overcharging you for simple expenses. Use fairhealthconsumer.org to check for true medical costs and you’ll find that you can almost halve your bill!
Learn tips like this and so much more with my Top 15 Hacks that will help you get rid of debt, start investing, and take your money to the next level 💸 Click the link in my bio or go to milansingh.co/hacks to get your hands on them now!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #hospitalbill #expenses
🤑 How to make money with dropshipping
Here’s how you can make money selling products without ever touching them. This method is called dropshipping: when you become a middleman for products being sold online. Simply look for a product you can put a mark-up on. Then open up your own profile on a popular online store and start making $$
Learn tips like this and so much more with my Top 15 Hacks that will help you get rid of debt, start investing, and take your money to the next level 💸 Click the link in my bio or go to milansingh.co/hacks to get your hands on them now!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #dropshippingexplained #sidehustle #HackYourMoney #lifehacks
Here’s how you can make money selling products without ever touching them. This method is called dropshipping: when you become a middleman for products being sold online. Simply look for a product you can put a mark-up on. Then open up your own profile on a popular online store and start making $$
Learn tips like this and so much more with my Top 15 Hacks that will help you get rid of debt, start investing, and take your money to the next level 💸 Click the link in my bio or go to milansingh.co/hacks to get your hands on them now!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #dropshippingexplained #sidehustle #HackYourMoney #lifehacks
🤯 How to get faster internet for free
Did you know that it costs companies more to acquire a new customer than to keep an existing one, especially in a highly competitive market? And there’s one genius way to use this to your advantage. You can leverage competition in the market to negotiate your bills and lower your expenses.
A quick round of research into their competitors and a call to your internet provider can work wonders. Simply call your service provider and tell them you’re switching to a competitor and they’re bound to get you a better package or a lower bill 🤑
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #negotiatebills #cheaperbills
Did you know that it costs companies more to acquire a new customer than to keep an existing one, especially in a highly competitive market? And there’s one genius way to use this to your advantage. You can leverage competition in the market to negotiate your bills and lower your expenses.
A quick round of research into their competitors and a call to your internet provider can work wonders. Simply call your service provider and tell them you’re switching to a competitor and they’re bound to get you a better package or a lower bill 🤑
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #negotiatebills #cheaperbills
🏠 How to live rent free
Owning a house may sometimes feel like a dream but maybe you just need the right information to be able to reach your goals. Have you heard of house hacking? It’s when you buy a house but rent out a portion of it for an amount similar to the mortgage payment. What’s even better is that as your wealth grows, you can continue to do this with an unlimited number of houses!
Learn tips like this and so much more with my Top 15 Hacks that will help you get rid of debt, start investing, and take your money to the next level 💸 Click the link in my bio or go to milansingh.co/hacks to get your hands on them now!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #househacking #buildwealth
Owning a house may sometimes feel like a dream but maybe you just need the right information to be able to reach your goals. Have you heard of house hacking? It’s when you buy a house but rent out a portion of it for an amount similar to the mortgage payment. What’s even better is that as your wealth grows, you can continue to do this with an unlimited number of houses!
Learn tips like this and so much more with my Top 15 Hacks that will help you get rid of debt, start investing, and take your money to the next level 💸 Click the link in my bio or go to milansingh.co/hacks to get your hands on them now!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #househacking #buildwealth
💳 When to use a Credit Card vs. a Debit Card
Building credit is an important part of anyone’s financial journey. Here’s a guaranteed way to build credit wisely: use a credit card for all purchases (as long as you can pay off your card in full every single month), and use debit for all purchases you can’t make on your credit card. As you continue to do this, you can increase your credit limit, build your credit score, and enjoy great credit card discounts.
Learn tips like this and so much more with my Top 15 Hacks that will help you get rid of debt, start investing, and take your money to the next level 💸 Click the link in my bio or go to [milansingh.co/hacks](http://milansingh.co/hacks) to get your hands on them now!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #HackYourMoney #creditcard
Building credit is an important part of anyone’s financial journey. Here’s a guaranteed way to build credit wisely: use a credit card for all purchases (as long as you can pay off your card in full every single month), and use debit for all purchases you can’t make on your credit card. As you continue to do this, you can increase your credit limit, build your credit score, and enjoy great credit card discounts.
Learn tips like this and so much more with my Top 15 Hacks that will help you get rid of debt, start investing, and take your money to the next level 💸 Click the link in my bio or go to [milansingh.co/hacks](http://milansingh.co/hacks) to get your hands on them now!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #HackYourMoney #creditcard
🏠 Struggling to get your security deposit back? Watch this
Moving is already a hassle, now throw a shady landlord into the mix and all your plans could go bust. But don’t worry, if your landlord refuses to give you your security deposit back, I have just the thing to turn your luck around.
If your landlord claims your entire security deposit is going towards repairing damages you caused, simply ask him for detailed receipts showing all the charges for the repairs, something he is legally obligated to do. Now watch how he flips the script and returns your deposit right away! 🤑
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #securitydeposit #rentingtips
Moving is already a hassle, now throw a shady landlord into the mix and all your plans could go bust. But don’t worry, if your landlord refuses to give you your security deposit back, I have just the thing to turn your luck around.
If your landlord claims your entire security deposit is going towards repairing damages you caused, simply ask him for detailed receipts showing all the charges for the repairs, something he is legally obligated to do. Now watch how he flips the script and returns your deposit right away! 🤑
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #securitydeposit #rentingtips
💯 Why successful people have fewer friends
Have you noticed how you have the most friends when you are the worst version of yourself? As you learn, grow, and add value to your life, you’re going to naturally drift away from other people. It can be due to jealousy or their insecurities or simply because you are on different journeys.
And there’s no reason to be upset. The beauty of life is that as you grow, new people will come and go. They will leave you with lessons, or stick by you until the end. So don’t worry about losing friends. Keep working on yourself and those who are aligned with your purpose will stay.
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #friends #innercircle
Have you noticed how you have the most friends when you are the worst version of yourself? As you learn, grow, and add value to your life, you’re going to naturally drift away from other people. It can be due to jealousy or their insecurities or simply because you are on different journeys.
And there’s no reason to be upset. The beauty of life is that as you grow, new people will come and go. They will leave you with lessons, or stick by you until the end. So don’t worry about losing friends. Keep working on yourself and those who are aligned with your purpose will stay.
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #friends #innercircle
✈️ How to make money off an overbooked flight
To cut down on their losses, airlines often sell more tickets than there are seats on a flight. Most times, they do this strategically, but on the off chance they do overbook a flight, airlines request for volunteers to give up their seats in exchange for a voucher. But here’s a trick they won’t tell you.
They can legally give you cash instead of vouchers, it’s all about how well you negotiate the deal. Airlines may try to use the law as an excuse but as per the U.S. Department of Transportation, there are no legal restrictions or limits to what you can get when volunteering to give up your seat. So how much do you think you’ll be able to score on your next overbooked flight?
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #airlinehack #overbookedflight #flysmart
To cut down on their losses, airlines often sell more tickets than there are seats on a flight. Most times, they do this strategically, but on the off chance they do overbook a flight, airlines request for volunteers to give up their seats in exchange for a voucher. But here’s a trick they won’t tell you.
They can legally give you cash instead of vouchers, it’s all about how well you negotiate the deal. Airlines may try to use the law as an excuse but as per the U.S. Department of Transportation, there are no legal restrictions or limits to what you can get when volunteering to give up your seat. So how much do you think you’ll be able to score on your next overbooked flight?
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #airlinehack #overbookedflight #flysmart
🤑 How to get a big discount at Lululemon
Lululemon is very expensive but what if I told you that there’s a secret sale every single week that lets you buy original Lululemons for heavily discounted prices?
Every Thursday at 11am, Lululemon opens up the WMTM section, or the ‘We Made Too Much’ section on their website where they sell overstocked items at marked-down prices. So the next time you’re looking to buy Lululemon clothing and you want to save, set your alarm to Thursday at 11 and get shopping!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #lululemondiscount #shoppinghack
Lululemon is very expensive but what if I told you that there’s a secret sale every single week that lets you buy original Lululemons for heavily discounted prices?
Every Thursday at 11am, Lululemon opens up the WMTM section, or the ‘We Made Too Much’ section on their website where they sell overstocked items at marked-down prices. So the next time you’re looking to buy Lululemon clothing and you want to save, set your alarm to Thursday at 11 and get shopping!
Disclaimer: My content is for educational purposes only, this is not financial or any other advice.
#finance #personalfinance #money #fintok #moneytok #learnontiktok #lululemondiscount #shoppinghack