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Haley Sacks

๐Ÿ‘ค Speaker
782 total appearances

Appearances Over Time

Podcast Appearances

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

That's such an interesting point, right, Mick?

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

Because it sounds like for this person, which I mean, it happened for me too, when I started Mrs. Dow Jones, that you sort of play with a business idea and then you're like, oh, wait, it's sort of working.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

And then you realize, okay, there's a lot that comes with this that I have to put together to do it successfully.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

And so when I started Mrs. Dow Jones and started making real money, I didn't really understand quarterly estimated taxes.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

Like I was just depositing checks, feeling really great about life.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

And then, you know, tax season hit and I got slammed with a giant bill that I was unprepared for and had to scramble and cover it.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

And, you know, that tax awakening is something that most solopreneurs have.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

And it is completely avoidable if someone just tells you ahead of time and you start taking like 30 to 40% of each of your paychecks and just putting them in a high yield savings account.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

So that when tax time comes around, you don't have any surprises.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

Have you ever had a tax thing like that happen?

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

I really appreciate that.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

I also want to shout out something that I talk about in the book too, is like the separation of your business and personal finances.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

Because obviously, like I say this so much in the book, like you are your best asset, like invest in yourself, like build your skills.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

So much of the book, this is not a shameful finance book, but it's about like cutting back, no lattes, no avocado toast.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

It's about like

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

You, as a future rich person, making more money and then knowing what to do with it and also avoiding spending it all, even though we are in this society where our parents were advertised to 500 times a day and we're advertised to 5,000 times a day.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

So it's hard.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

But when you...

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

Start a business.

Mick Unplugged
Stop Following Your Parents' Money Rules with Haley Sacks

I think a lot of people are like, okay, I got to go all in on the business.