💼 Financial Advisor for women, creatives & the self-employed | Helping 460+ take control of their money 💰 | delano@newstreetadvisorsgroup.comhttps://bsky.app/profile/delanosaporu.bsky.socialhttps://bsky.app/profile/delanosaporu.bsky.social/post/3m4xy25hx3k2hMost people don’t actually understand how taxes work — and it costs them. Here are the basics everyone should know: 1️⃣ Taxes are marginal — your entire income isn’t taxed at one rate. 2️⃣ Taxes are progressive — as you earn more, your rate increases.06 Nov 2025 16:24 +0000at://did:plc:botpnk7zzevdo2fzweiqpgtm/app.bsky.feed.post/3m4xy25hx3k2hhttps://bsky.app/profile/delanosaporu.bsky.social/post/3m4vioj6avk23Tax credits ≠ tax deductions. 💵 Credit: cuts your tax bill dollar-for-dollar. 🧾 Deduction: lowers taxable income. A $2K deduction at 30% only saves $600. Most “write-offs” are deductions, not credits — know the difference. #taxtips #personalfinance #creatives #wealthbuilding05 Nov 2025 16:44 +0000at://did:plc:botpnk7zzevdo2fzweiqpgtm/app.bsky.feed.post/3m4vioj6avk23https://bsky.app/profile/delanosaporu.bsky.social/post/3m4svmtasgs2jEven a 0% mortgage wouldn’t make homes affordable in cities like NYC or LA. Taxes, insurance & maintenance alone eat up 10%+ of income on a $1M home. Rates aren’t the problem — prices and supply are. 🏡 #housingmarket #realestate #economy #affordabilitycrisis #personalfinance04 Nov 2025 15:58 +0000at://did:plc:botpnk7zzevdo2fzweiqpgtm/app.bsky.feed.post/3m4svmtasgs2jhttps://bsky.app/profile/delanosaporu.bsky.social/post/3m4qlhyqll22y2025 money limits are here 👇 401(k): $23.5k (+$7.5k catch-up) IRA: $7k ($8k if 50+) Roth phaseout: $150k single / $236k married HSA: $4.3k single / $8.55k family Gift limit: $19k SEP IRA: $70k Knowing these = keeping more of your money 💰 #personalfinance #financialliteracy03 Nov 2025 17:51 +0000at://did:plc:botpnk7zzevdo2fzweiqpgtm/app.bsky.feed.post/3m4qlhyqll22yhttps://bsky.app/profile/delanosaporu.bsky.social/post/3m4jbl246mc2bHousing builds stability. Stocks build wealth. Since 1970, the S&P 500 has outperformed home prices by a wide margin. You need both — but don’t confuse owning a home with investing. #financialliteracy31 Oct 2025 20:05 +0000at://did:plc:botpnk7zzevdo2fzweiqpgtm/app.bsky.feed.post/3m4jbl246mc2bhttps://bsky.app/profile/delanosaporu.bsky.social/post/3m4gbldjhdk2aI work with the successful young ppl. Here are the 3 truths they actually used to get rich: 1. Forget budgeting. Maximize your income stream. 2. Concentration > Diversification. Wealth is built on focused bets. 3. Simplicity wins. Be your own CFO. Stop listening to bad advice. Focus on leverage.30 Oct 2025 15:27 +0000at://did:plc:botpnk7zzevdo2fzweiqpgtm/app.bsky.feed.post/3m4gbldjhdk2ahttps://bsky.app/profile/delanosaporu.bsky.social/post/3m4dnnknog22rManaging your own finances isn’t the problem — missing key strategies is. Most DIY investors skip things like Roth conversions, tax-loss harvesting, or HSA investing — moves that can quietly add six figures to your net worth. 💰 #finance #investing #moneymatters29 Oct 2025 14:25 +0000at://did:plc:botpnk7zzevdo2fzweiqpgtm/app.bsky.feed.post/3m4dnnknog22rhttps://bsky.app/profile/delanosaporu.bsky.social/post/3m4bhq25kfk2bStarting a new job? Don’t skip the financial setup. Quick checklist 👇 ✅ Review benefits: right health plan, disability, max HSA/FSA, join ESPP, contribute to 401(k) match. ✅ Roll over old 401(k) + HSA. ✅ Adjust budget + savings. ✅ Update W-4. ✅ Plan taxes if you get bonuses or stock.28 Oct 2025 17:34 +0000at://did:plc:botpnk7zzevdo2fzweiqpgtm/app.bsky.feed.post/3m4bhq25kfk2bhttps://bsky.app/profile/delanosaporu.bsky.social/post/3lwozwqsusc2zMake too much to contribute to a Roth IRA? There’s a workaround: the backdoor Roth. 1️⃣ Contribute to a Traditional IRA (no income limits) 2️⃣ Convert it to a Roth IRA 3️⃣ Pay taxes on the conversion if needed Tax-free growth unlocked. 🔑18 Aug 2025 18:33 +0000at://did:plc:botpnk7zzevdo2fzweiqpgtm/app.bsky.feed.post/3lwozwqsusc2z