Skip to content
SpendingPlan101
Topic

Side Income

See what a side income really pays once the start-up cost, the hours and the tax bill come off.

4 posts

Cover illustration for the Side Income article, reading “Side Income and the Tax You Owe on It”.
Side Income

Side Income and the Tax You Owe on It

Side income can face income tax and 15.3% self-employment tax. A $14,000 example shows why setting aside 25% is only a starting point.

4 min read
Editor's pick
Cover illustration for the Taxes article, reading “Your Tax Season Checklist”.
TaxesGuide

Your Tax Season Checklist

Gather the forms your return actually needs, including the four records most likely to arrive after you think you are ready to file.

7 min read
Editor's pick
Cover illustration for the Passive Income article, reading “Passive Income, Honestly Rated”.
Passive IncomeGuide

Passive Income, Honestly Rated

At an assumed 4% yield, $500 monthly takes $150,000 before tax. Compare nine income sources by capital, work and the risk behind the payment.

9 min read
Cover illustration for the Budgeting article, reading “How to Budget When Your Income Changes Every Month”.
Budgeting

How to Budget When Your Income Changes Every Month

Budget on your lowest month, not your average. Seven of twelve months fall below an average, and on one freelancer's real year, budgeting on it would have spent the tax money exactly.

9 min read

New guides, straight to your inbox.

One short email each week: a money move worth making, a number worth checking, and a trap worth dodging.

Unsubscribe in one click. No spam, ever.