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How Do I Stop Getting Wiped Out by Taxes Every Year? · Becoming Financially Confident

• 1:20
  Why
• 1:20
  does
• 1:20
  tax
• 1:21
  season
• 1:21
  feel
• 1:21
  like
• 1:21
  a
• 1:22
  surprise
• 1:22
  attack
• 1:22
  when
• 1:23
  you
• 1:23
  knew
• 1:23
  it
• 1:23
  was
• 1:23
  coming?
• 1:24
  And
• 1:25
  every
• 1:25
  year
• 1:25
  you
• 1:25
  promise
• 1:26
  yourself
• 1:26
  next
• 1:27
  year
• 1:27
  is
• 1:27
  going
• 1:27
  to
• 1:27
  be
• 1:27
  different,
• 1:29
  and
• 1:29
  then
• 1:29
  it
• 1:29
  happens
• 1:30
  again.
• 1:31
  That
• 1:31
  bill
• 1:32
  shows
• 1:32
  up,
• 1:33
  your
• 1:33
  savings
• 1:34
  disappear,
• 1:35
  your
• 1:35
  progress
• 1:36
  just
• 1:36
  resets,
• 1:38
  and
• 1:38
  you
• 1:38
  feel
• 1:39
  behind,
• 1:40
  you
• 1:40
  feel
• 1:40
  embarrassed,
• 1:42
  and
• 1:42
  you
• 1:42
  feel
• 1:42
  frustrated.
• 1:44
  Well,
• 1:44
  friend,
• 1:45
  if
• 1:45
  taxes
• 1:45
  keep
• 1:46
  wiping
• 1:46
  you
• 1:46
  out,
• 1:47
  you're
• 1:47
  not
• 1:47
  bad
• 1:48
  with
• 1:48
  money.
• 1:49
  You're
• 1:49
  just
• 1:49
  missing
• 1:50
  a
• 1:50
  system.
• 1:51
  And
• 1:51
  today
• 1:52
  we're
• 1:53
  going
• 1:53
  to
• 1:53
  fix
• 1:53
  that.
• 2:16
  Hello,
• 2:16
  friend.
• 2:17
  Ralph
• 2:17
  Estep
• 2:17
  Jr.
• 2:18
  Here.
• 2:19
  Welcome
• 2:19
  to
• 2:19
  Financially
• 2:20
  Confident
• 2:20
  Christian,
• 2:21
  where
• 2:21
  every
• 2:22
  day
• 2:22
  we
• 2:22
  work
• 2:22
  to
• 2:23
  break
• 2:23
  that
• 2:23
  cycle
• 2:23
  of
• 2:24
  financial
• 2:24
  shame
• 2:25
  and
• 2:25
  live
• 2:26
  with
• 2:26
  confidence.
• 2:27
  And
• 2:28
  today's
• 2:28
  topic
• 2:28
  is
• 2:29
  all
• 2:29
  about
• 2:29
  taxes.
• 2:30
  I
• 2:30
  spend
• 2:30
  a
• 2:30
  lot
• 2:30
  of
• 2:30
  time
• 2:31
  doing
• 2:31
  taxes,
• 2:32
  but
• 2:33
  today
• 2:33
  I
• 2:33
  want
• 2:33
  to
• 2:33
  share
• 2:33
  with
• 2:34
  you
• 2:34
  how
• 2:34
  to
• 2:34
  stop
• 2:34
  getting
• 2:35
  wiped
• 2:35
  out
• 2:35
  by
• 2:36
  taxes
• 2:36
  every
• 2:36
  year.
• 2:37
  Let's
• 2:38
  get
• 2:38
  right
• 2:38
  into
• 2:38
  today's
• 2:39
  question.
• 2:40
  This
• 2:40
  question
• 2:40
  comes
• 2:41
  to
• 2:41
  us
• 2:41
  and
• 2:41
  it
• 2:41
  says,
• 2:42
  ralph,
• 2:43
  taxes
• 2:43
  wait
• 2:43
  me
• 2:44
  out
• 2:44
  every
• 2:44
  time.
• 2:45
  And
• 2:45
  I
• 2:45
  feel
• 2:46
  like
• 2:46
  an
• 2:46
  idiot
• 2:46
  for
• 2:47
  not
• 2:47
  being
• 2:47
  prepared,
• 2:48
  but
• 2:49
  I
• 2:49
  don't
• 2:49
  know
• 2:49
  how
• 2:49
  to
• 2:49
  get
• 2:49
  ahead
• 2:49
  of
• 2:50
  it.
• 2:51
  It's
• 2:52
  this
• 2:52
  predictable
• 2:53
  emergency
• 2:54
  that
• 2:54
  keeps
• 2:55
  happening,
• 2:56
  and
• 2:56
  I'm
• 2:56
  stuck
• 2:56
  in
• 2:57
  the
• 2:57
  same
• 2:57
  loop.
• 2:58
  Scramble,
• 2:59
  pay,
• 3:00
  recover,
• 3:01
  and
• 3:02
  repeat.
• 3:03
  Ralph,
• 3:04
  how
• 3:04
  do
• 3:04
  I
• 3:04
  actually
• 3:04
  set
• 3:05
  myself
• 3:05
  up
• 3:05
  so
• 3:05
  that
• 3:06
  irregular
• 3:06
  expenses
• 3:07
  like
• 3:07
  this
• 3:07
  don't
• 3:08
  destroy
• 3:08
  my
• 3:08
  progress?
• 3:10
  I'm
• 3:10
  tired
• 3:10
  of
• 3:10
  feeling
• 3:11
  defeated
• 3:11
  by
• 3:11
  things
• 3:12
  I
• 3:12
  should
• 3:12
  see
• 3:13
  coming.
• 3:14
  Well,
• 3:15
  you
• 3:15
  know,
• 3:15
  they
• 3:15
  say
• 3:15
  there
• 3:16
  are
• 3:16
  a
• 3:16
  couple
• 3:16
  certainties
• 3:16
  in
• 3:17
  life,
• 3:18
  death,
• 3:18
  and
• 3:18
  taxes.
• 3:20
  But
• 3:20
  I
• 3:20
  love
• 3:20
  what
• 3:21
  you
• 3:21
  say
• 3:21
  in
• 3:21
  your
• 3:21
  question
• 3:21
  here.
• 3:22
  So
• 3:23
  I
• 3:23
  want
• 3:23
  to
• 3:23
  start
• 3:23
  with
• 3:23
  today's
• 3:24
  big
• 3:24
  idea.
• 3:25
  Taxes
• 3:26
  are
• 3:26
  not
• 3:27
  emergencies.
• 3:28
  Sorry
• 3:29
  to
• 3:29
  burst
• 3:29
  your
• 3:29
  bubble.
• 3:30
  They're
• 3:31
  scheduled
• 3:31
  obligations,
• 3:32
  and
• 3:32
  we've
• 3:33
  got
• 3:33
  to
• 3:33
  change
• 3:33
  our
• 3:33
  mindset
• 3:34
  with
• 3:34
  that.
• 3:35
  I
• 3:36
  deal
• 3:36
  with
• 3:36
  this.
• 3:36
  This
• 3:36
  time
• 3:37
  of
• 3:37
  year
• 3:37
  is
• 3:37
  tax
• 3:37
  season
• 3:38
  for
• 3:38
  me.
• 3:38
  I'm
• 3:39
  meeting
• 3:39
  with
• 3:39
  8
• 3:39
  to
• 3:40
  10
• 3:40
  people
• 3:41
  all
• 3:41
  day
• 3:41
  long,
• 3:42
  and
• 3:42
  it's
• 3:43
  amazing
• 3:43
  to
• 3:43
  me
• 3:43
  how
• 3:44
  many
• 3:44
  people
• 3:44
  say,
• 3:44
  well,
• 3:44
  Ralph,
• 3:45
  this
• 3:45
  is
• 3:45
  an
• 3:45
  emergency.
• 3:46
  I
• 3:46
  wasn't
• 3:47
  expecting
• 3:47
  this.
• 3:48
  You
• 3:49
  file
• 3:49
  taxes
• 3:50
  every
• 3:50
  year.
• 3:51
  If
• 3:51
  you
• 3:51
  work
• 3:52
  a
• 3:52
  job,
• 3:52
  you
• 3:52
  have
• 3:53
  taxes
• 3:53
  coming
• 3:53
  out
• 3:53
  of
• 3:53
  your
• 3:54
  paycheck
• 3:54
  every
• 3:54
  week
• 3:54
  or
• 3:55
  every
• 3:55
  two
• 3:55
  weeks.
• 3:56
  This
• 3:57
  is
• 3:57
  a
• 3:57
  scheduled
• 3:58
  obligation.
• 3:59
  So
• 3:59
  let's
• 4:00
  talk
• 4:00
  about
• 4:00
  how
• 4:00
  to
• 4:00
  fix
• 4:01
  that.
• 4:02
  First
• 4:02
  thing
• 4:02
  you've
• 4:02
  got
• 4:02
  to
• 4:03
  do,
• 4:03
  you've
• 4:03
  got
• 4:03
  to
• 4:04
  change
• 4:04
  the
• 4:04
  language.
• 4:06
  Stop
• 4:06
  calling
• 4:07
  it
• 4:07
  a
• 4:07
  surprise.
• 4:08
  This
• 4:08
  is
• 4:09
  not
• 4:09
  some
• 4:09
  sneak
• 4:10
  surprise
• 4:10
  attack.
• 4:12
  It's
• 4:12
  not
• 4:12
  a
• 4:13
  crisis
• 4:13
  either.
• 4:14
  It's
• 4:15
  just
• 4:15
  simple
• 4:16
  mad.
• 4:17
  Because
• 4:18
  when
• 4:18
  you
• 4:18
  label
• 4:18
  something
• 4:19
  as
• 4:19
  an
• 4:19
  emergency,
• 4:21
  as
• 4:22
  soon
• 4:22
  as
• 4:22
  you
• 4:22
  hear
• 4:22
  the
• 4:22
  word
• 4:22
  emergency,
• 4:23
  what
• 4:23
  happens?
• 4:24
  Your
• 4:25
  brain
• 4:25
  panics.
• 4:26
  You
• 4:27
  go
• 4:27
  into
• 4:27
  that
• 4:27
  mode
• 4:27
  of,
• 4:28
  oh,
• 4:28
  I
• 4:28
  got
• 4:28
  to
• 4:28
  figure
• 4:29
  this
• 4:29
  all
• 4:29
  out.
• 4:30
  But
• 4:30
  when
• 4:31
  you
• 4:31
  label
• 4:31
  it
• 4:31
  as
• 4:31
  a
• 4:32
  category,
• 4:33
  and
• 4:33
  that's
• 4:33
  really
• 4:33
  the
• 4:34
  pivot
• 4:34
  here,
• 4:34
  emergency
• 4:36
  to
• 4:36
  category.
• 4:37
  And
• 4:37
  when
• 4:38
  you
• 4:38
  label
• 4:38
  it
• 4:38
  like
• 4:39
  that,
• 4:40
  your
• 4:40
  Brain
• 4:40
  can
• 4:41
  plan.
• 4:42
  Because
• 4:42
  this
• 4:42
  isn't
• 4:43
  about
• 4:43
  shame.
• 4:45
  As
• 4:45
  I
• 4:45
  said,
• 4:46
  it's
• 4:46
  about
• 4:46
  structure.
• 4:48
  Well,
• 4:48
  let's
• 4:48
  get
• 4:48
  into
• 4:49
  the
• 4:49
  nitty
• 4:49
  gritty
• 4:50
  about
• 4:50
  how
• 4:50
  to
• 4:50
  make
• 4:50
  it
• 4:50
  work
• 4:51
  better.
• 4:52
  First
• 4:52
  thing
• 4:52
  I'm
• 4:52
  going
• 4:52
  to
• 4:52
  encourage
• 4:53
  you
• 4:53
  to
• 4:53
  do,
• 4:54
  create
• 4:54
  a
• 4:54
  tax
• 4:55
  vault.
• 4:56
  I
• 4:56
  do
• 4:57
  another
• 4:57
  show
• 4:57
  called
• 4:59
  the
• 4:59
  Content
• 4:59
  Creators
• 5:00
  Accountant
• 5:01
  where
• 5:01
  I
• 5:01
  work
• 5:01
  with
• 5:02
  content
• 5:02
  creators
• 5:02
  about
• 5:03
  how
• 5:03
  to
• 5:03
  fix
• 5:04
  their
• 5:04
  money
• 5:04
  issues.
• 5:05
  And
• 5:05
  I
• 5:06
  talk
• 5:06
  about
• 5:06
  this
• 5:06
  tax
• 5:06
  vault
• 5:07
  all
• 5:07
  the
• 5:07
  time.
• 5:07
  But
• 5:07
  guess
• 5:08
  what?
• 5:08
  It
• 5:08
  works
• 5:09
  great
• 5:09
  for
• 5:10
  individuals
• 5:10
  as
• 5:11
  well.
• 5:11
  Here's
• 5:12
  my
• 5:12
  encouragement
• 5:13
  for
• 5:13
  you.
• 5:13
  Open
• 5:14
  a
• 5:14
  separate
• 5:15
  savings
• 5:15
  account
• 5:16
  and
• 5:17
  name
• 5:17
  it
• 5:17
  your
• 5:17
  tax
• 5:18
  vault.
• 5:20
  I'm
• 5:20
  being
• 5:20
  intentional.
• 5:21
  My
• 5:21
  wording
• 5:21
  here.
• 5:21
  Not
• 5:22
  savings,
• 5:23
  not
• 5:23
  extra.
• 5:24
  Tax
• 5:25
  vault.
• 5:26
  If
• 5:27
  you
• 5:27
  think
• 5:27
  about
• 5:27
  it,
• 5:27
  I
• 5:27
  like
• 5:27
  those
• 5:28
  two
• 5:28
  words,
• 5:28
  intentionally
• 5:29
  taxes.
• 5:29
  Because
• 5:29
  hey,
• 5:30
  like
• 5:30
  I
• 5:30
  said,
• 5:30
  death
• 5:30
  and
• 5:31
  taxes.
• 5:31
  But
• 5:32
  a
• 5:32
  vault?
• 5:33
  Think
• 5:33
  about
• 5:33
  what
• 5:33
  you
• 5:33
  conjures
• 5:34
  up
• 5:34
  in
• 5:34
  your
• 5:34
  mind
• 5:35
  when
• 5:35
  you
• 5:35
  think
• 5:35
  about
• 5:35
  a
• 5:36
  vault.
• 5:36
  It's
• 5:37
  a
• 5:37
  place
• 5:37
  that
• 5:37
  you've
• 5:38
  set
• 5:38
  up,
• 5:38
  it's
• 5:38
  a
• 5:38
  fortification.
• 5:40
  And
• 5:41
  every
• 5:41
  time
• 5:41
  income
• 5:42
  hits,
• 5:43
  a
• 5:43
  percentage
• 5:44
  moves
• 5:44
  immediately
• 5:46
  before
• 5:46
  any
• 5:46
  spending,
• 5:47
  before
• 5:47
  any
• 5:48
  lifestyle
• 5:49
  choices,
• 5:49
  before
• 5:49
  anything
• 5:50
  else.
• 5:51
  And
• 5:51
  listen,
• 5:52
  this
• 5:52
  is
• 5:52
  really
• 5:52
  important.
• 5:52
  If
• 5:53
  you're
• 5:53
  self
• 5:53
  employed,
• 5:54
  it's
• 5:54
  not
• 5:54
  negotiable.
• 5:56
  If
• 5:56
  you're
• 5:56
  self
• 5:56
  employed,
• 5:57
  you
• 5:57
  don't
• 5:57
  have
• 5:57
  the
• 5:58
  benefit
• 5:58
  of
• 5:58
  somebody
• 5:59
  withholding
• 5:59
  taxes.
• 6:01
  But
• 6:01
  Maybe
• 6:01
  you're
• 6:01
  a
• 6:01
  W2
• 6:02
  income
• 6:02
  person
• 6:03
  and
• 6:03
  you've
• 6:03
  got
• 6:04
  a
• 6:04
  little
• 6:04
  side
• 6:04
  hustle.
• 6:05
  Again,
• 6:06
  it's
• 6:06
  necessary
• 6:07
  to
• 6:08
  build
• 6:08
  that
• 6:08
  fund,
• 6:09
  that
• 6:09
  tax
• 6:09
  book.
• 6:10
  It's
• 6:11
  not
• 6:11
  about
• 6:11
  hoping,
• 6:12
  it's
• 6:12
  about
• 6:13
  automating
• 6:14
  obedience.
• 6:15
  And
• 6:16
  once
• 6:16
  you've
• 6:16
  built
• 6:16
  that
• 6:17
  tax
• 6:17
  vault,
• 6:18
  then
• 6:18
  decide
• 6:18
  the
• 6:19
  percentage
• 6:19
  once
• 6:20
  that
• 6:20
  goes
• 6:20
  into
• 6:20
  it.
• 6:21
  See,
• 6:22
  most
• 6:22
  people
• 6:22
  fall
• 6:23
  because
• 6:23
  they
• 6:23
  guess
• 6:24
  every
• 6:24
  month.
• 6:26
  Stop
• 6:26
  the
• 6:26
  guessing.
• 6:28
  Pick
• 6:28
  a
• 6:28
  percentage
• 6:29
  based
• 6:29
  on
• 6:29
  your
• 6:29
  situation.
• 6:31
  If
• 6:31
  you're
• 6:31
  unsure,
• 6:32
  start
• 6:33
  with
• 6:33
  20
• 6:33
  to
• 6:33
  30%
• 6:34
  of
• 6:34
  the
• 6:34
  profit.
• 6:35
  If
• 6:35
  you're
• 6:36
  self
• 6:36
  employed,
• 6:37
  the
• 6:37
  exact
• 6:38
  number
• 6:38
  can
• 6:38
  be
• 6:38
  refined
• 6:39
  later.
• 6:39
  But
• 6:39
  you
• 6:39
  might
• 6:39
  be
• 6:40
  saying,
• 6:40
  groff,
• 6:40
  wait
• 6:40
  a
• 6:40
  minute,
• 6:40
  I'm
• 6:41
  not
• 6:41
  self
• 6:41
  employed,
• 6:41
  but
• 6:42
  I
• 6:42
  always
• 6:43
  owe
• 6:43
  it
• 6:43
  tax
• 6:43
  time.
• 6:44
  Now
• 6:44
  there's
• 6:44
  a
• 6:44
  couple
• 6:44
  ways
• 6:45
  to
• 6:45
  fix
• 6:45
  that.
• 6:46
  You
• 6:46
  can
• 6:46
  go
• 6:46
  to
• 6:47
  your
• 6:47
  employer
• 6:47
  and
• 6:47
  change
• 6:48
  your
• 6:48
  W4
• 6:48
  form,
• 6:49
  or
• 6:49
  you
• 6:50
  can
• 6:50
  say,
• 6:50
  listen,
• 6:50
  I
• 6:51
  see
• 6:51
  that
• 6:51
  I
• 6:51
  owe
• 6:52
  $2,000
• 6:53
  every
• 6:54
  year.
• 6:55
  Create
• 6:55
  a
• 6:55
  tax
• 6:56
  vault.
• 6:56
  And
• 6:57
  every
• 6:57
  time
• 6:57
  you
• 6:57
  get
• 6:58
  paid,
• 6:58
  put
• 6:59
  a
• 6:59
  certain
• 6:59
  amount
• 6:59
  into
• 7:00
  that.
• 7:01
  Because
• 7:01
  that's
• 7:02
  what's
• 7:02
  going
• 7:02
  to
• 7:02
  change
• 7:03
  the
• 7:03
  dynamic
• 7:04
  here.
• 7:05
  Because
• 7:05
  it's
• 7:05
  that
• 7:05
  indecision
• 7:06
  that
• 7:07
  is
• 7:07
  keeping
• 7:07
  you
• 7:08
  exposed.
• 7:09
  But
• 7:09
  if
• 7:09
  you
• 7:10
  have
• 7:10
  that
• 7:10
  clarity,
• 7:12
  it
• 7:12
  beats
• 7:12
  that
• 7:12
  perfection
• 7:13
  every
• 7:13
  day.
• 7:14
  Here's
• 7:15
  another
• 7:15
  thing
• 7:15
  I'm
• 7:15
  going
• 7:15
  to
• 7:15
  encourage
• 7:15
  you
• 7:16
  to
• 7:16
  do.
• 7:16
  Now,
• 7:16
  a
• 7:16
  lot
• 7:16
  of
• 7:16
  my
• 7:16
  clients
• 7:17
  don't
• 7:17
  like
• 7:17
  this,
• 7:17
  but
• 7:18
  I
• 7:18
  truly
• 7:19
  will
• 7:19
  stand
• 7:19
  on
• 7:20
  this
• 7:20
  ground.
• 7:21
  Pay
• 7:21
  your
• 7:22
  taxes
• 7:22
  quarterly,
• 7:23
  not
• 7:24
  emotionally.
• 7:25
  Because
• 7:26
  when
• 7:26
  you
• 7:26
  wait
• 7:26
  till
• 7:26
  April
• 7:27
  and
• 7:28
  we're
• 7:28
  not
• 7:28
  far
• 7:28
  away
• 7:28
  from
• 7:29
  April,
• 7:30
  you
• 7:30
  create
• 7:31
  trauma
• 7:31
  for
• 7:31
  your
• 7:32
  life
• 7:33
  because
• 7:33
  then
• 7:33
  it
• 7:34
  does
• 7:34
  feel
• 7:34
  like
• 7:34
  an
• 7:34
  emergency.
• 7:35
  You've
• 7:35
  got
• 7:35
  a
• 7:35
  short
• 7:36
  amount
• 7:36
  of
• 7:36
  time
• 7:36
  to
• 7:36
  pay.
• 7:37
  Uncle
• 7:37
  Sam
• 7:37
  or
• 7:37
  Uncle
• 7:38
  Uncle
• 7:38
  Sam
• 7:38
  not
• 7:38
  gonna
• 7:39
  be
• 7:39
  happy
• 7:39
  with
• 7:39
  you.
• 7:40
  But
• 7:41
  those
• 7:41
  quarterly
• 7:41
  payments
• 7:42
  break
• 7:42
  that
• 7:42
  fear
• 7:43
  cycle
• 7:44
  and
• 7:44
  it
• 7:44
  breaks
• 7:45
  it
• 7:45
  up
• 7:45
  into
• 7:45
  small
• 7:46
  manageable
• 7:46
  pieces.
• 7:47
  And
• 7:48
  when
• 7:48
  you
• 7:48
  do
• 7:48
  that,
• 7:48
  it
• 7:49
  builds
• 7:49
  confidence.
• 7:49
  I'll
• 7:49
  tell
• 7:50
  you
• 7:50
  one
• 7:50
  of
• 7:50
  the
• 7:50
  things
• 7:50
  that
• 7:50
  I
• 7:50
  see
• 7:50
  all
• 7:51
  the
• 7:51
  time,
• 7:51
  especially
• 7:52
  for
• 7:52
  my
• 7:52
  self
• 7:52
  employed
• 7:53
  clients,
• 7:54
  when
• 7:54
  they
• 7:54
  pay
• 7:54
  their
• 7:55
  quarterlies,
• 7:55
  they
• 7:56
  come
• 7:56
  into
• 7:56
  tax
• 7:56
  time
• 7:57
  and
• 7:57
  they
• 7:57
  are
• 7:57
  in
• 7:58
  good
• 7:58
  shape
• 7:59
  because
• 7:59
  they
• 8:00
  say
• 8:00
  to
• 8:00
  me,
• 8:00
  this
• 8:00
  is
• 8:00
  what
• 8:00
  they
• 8:00
  usually
• 8:01
  say.
• 8:01
  They
• 8:01
  say,
• 8:01
  ralph,
• 8:02
  I
• 8:03
  did
• 8:03
  what
• 8:03
  you
• 8:03
  said.
• 8:04
  I
• 8:04
  paid
• 8:04
  those
• 8:05
  estimates
• 8:05
  every
• 8:05
  quarter.
• 8:06
  Here's
• 8:06
  my
• 8:07
  proof
• 8:07
  of
• 8:07
  that.
• 8:08
  And
• 8:08
  when
• 8:08
  they
• 8:09
  do
• 8:09
  that,
• 8:09
  it
• 8:09
  turns
• 8:10
  tax
• 8:10
  season
• 8:10
  from
• 8:11
  panic
• 8:11
  into
• 8:12
  paperwork.
• 8:14
  Paperwork's
• 8:14
  not
• 8:15
  fun,
• 8:15
  but
• 8:16
  it's
• 8:16
  manageable.
• 8:17
  And
• 8:18
  the
• 8:18
  final
• 8:18
  thing
• 8:18
  I'm
• 8:18
  going
• 8:19
  to
• 8:19
  encourage
• 8:19
  you
• 8:19
  to
• 8:19
  do,
• 8:20
  add
• 8:20
  taxes
• 8:21
  to
• 8:21
  your
• 8:21
  monthly
• 8:22
  money
• 8:22
  meeting.
• 8:24
  Taxes
• 8:24
  should
• 8:25
  be
• 8:25
  discussed
• 8:25
  12
• 8:26
  times
• 8:26
  a
• 8:26
  year,
• 8:27
  not
• 8:27
  once,
• 8:27
  not
• 8:27
  at
• 8:28
  tax
• 8:28
  time.
• 8:29
  I
• 8:29
  see
• 8:29
  this
• 8:30
  all
• 8:30
  the
• 8:30
  time.
• 8:30
  A
• 8:30
  client
• 8:30
  will
• 8:31
  come
• 8:31
  in
• 8:31
  to
• 8:31
  get
• 8:31
  their
• 8:31
  taxes
• 8:32
  done.
• 8:32
  I
• 8:32
  look
• 8:33
  at
• 8:33
  their
• 8:33
  W2
• 8:34
  and
• 8:34
  I
• 8:34
  go,
• 8:34
  we
• 8:34
  have
• 8:34
  a
• 8:34
  problem
• 8:35
  here.
• 8:36
  I
• 8:36
  never
• 8:36
  forget.
• 8:36
  I'll
• 8:37
  tell
• 8:37
  a
• 8:37
  funny
• 8:37
  story.
• 8:38
  It's
• 8:38
  about
• 8:38
  20
• 8:39
  years
• 8:39
  ago.
• 8:39
  I
• 8:39
  was
• 8:39
  working
• 8:40
  on
• 8:40
  a
• 8:40
  Saturday
• 8:40
  morning.
• 8:41
  Husband
• 8:42
  and
• 8:42
  wife
• 8:42
  had
• 8:42
  come
• 8:42
  in
• 8:42
  to
• 8:42
  get
• 8:43
  their
• 8:43
  taxes
• 8:43
  done.
• 8:44
  And
• 8:44
  they
• 8:44
  were
• 8:45
  school
• 8:45
  administrators.
• 8:46
  And
• 8:46
  I
• 8:47
  always
• 8:47
  start
• 8:47
  off
• 8:47
  with,
• 8:47
  hey,
• 8:48
  how
• 8:48
  are
• 8:48
  you
• 8:48
  today?
• 8:48
  I
• 8:49
  said,
• 8:49
  give
• 8:49
  me
• 8:49
  all
• 8:49
  your
• 8:50
  documents.
• 8:50
  I
• 8:50
  start
• 8:50
  looking
• 8:51
  through
• 8:51
  them
• 8:51
  and
• 8:51
  I
• 8:51
  looked
• 8:51
  at
• 8:52
  the
• 8:52
  husband's
• 8:52
  W2
• 8:53
  form
• 8:54
  and
• 8:54
  I
• 8:54
  thought
• 8:54
  to
• 8:55
  myself,
• 8:56
  we
• 8:56
  got
• 8:56
  a
• 8:56
  problem
• 8:57
  here.
• 8:57
  He
• 8:58
  had
• 8:58
  zero
• 8:59
  federal
• 8:59
  withholding
• 9:00
  and
• 9:01
  they
• 9:01
  made
• 9:01
  pretty
• 9:01
  good
• 9:01
  money
• 9:02
  between
• 9:02
  the
• 9:02
  two
• 9:02
  of
• 9:02
  them.
• 9:03
  And
• 9:03
  I
• 9:04
  thought
• 9:04
  to
• 9:04
  myself,
• 9:04
  this
• 9:05
  is
• 9:05
  going
• 9:05
  to
• 9:05
  be
• 9:05
  ugly.
• 9:07
  Got
• 9:07
  to
• 9:07
  the
• 9:07
  end
• 9:07
  of
• 9:07
  the
• 9:08
  interview
• 9:08
  and
• 9:08
  I'm
• 9:09
  doing
• 9:09
  the
• 9:09
  software
• 9:09
  behind
• 9:10
  the
• 9:10
  scenes
• 9:10
  and
• 9:10
  I
• 9:11
  see
• 9:11
  they
• 9:11
  owed
• 9:11
  money.
• 9:12
  And
• 9:12
  I
• 9:13
  said
• 9:13
  to
• 9:13
  him,
• 9:13
  well,
• 9:13
  I
• 9:13
  got
• 9:14
  some
• 9:14
  good
• 9:14
  news
• 9:14
  and
• 9:14
  bad
• 9:15
  news.
• 9:16
  The
• 9:16
  good
• 9:16
  news
• 9:16
  is
• 9:17
  I've
• 9:17
  got
• 9:17
  your
• 9:17
  taxes
• 9:18
  just
• 9:18
  about
• 9:18
  done.
• 9:19
  But
• 9:19
  the
• 9:19
  bad
• 9:20
  news
• 9:20
  is
• 9:21
  you
• 9:21
  owe
• 9:21
  quite
• 9:22
  a
• 9:22
  bit
• 9:22
  to
• 9:22
  the
• 9:22
  irs.
• 9:24
  And
• 9:24
  I'm
• 9:24
  going
• 9:24
  to
• 9:24
  tell
• 9:24
  you
• 9:24
  right
• 9:25
  now
• 9:25
  what
• 9:25
  happened.
• 9:25
  I
• 9:25
  will
• 9:26
  never
• 9:26
  forget
• 9:26
  this.
• 9:26
  All
• 9:27
  of
• 9:27
  a
• 9:27
  sudden,
• 9:27
  the
• 9:27
  wife
• 9:28
  reaches
• 9:28
  up,
• 9:28
  she
• 9:29
  comes
• 9:29
  across
• 9:29
  and
• 9:30
  punches
• 9:30
  the
• 9:30
  husband
• 9:30
  just
• 9:31
  square
• 9:31
  in
• 9:31
  the
• 9:31
  jaw.
• 9:31
  Knocks
• 9:32
  him
• 9:32
  out
• 9:32
  of
• 9:32
  the
• 9:32
  chair
• 9:32
  and
• 9:33
  onto
• 9:33
  the
• 9:33
  floor.
• 9:34
  And
• 9:35
  she
• 9:35
  says,
• 9:35
  I
• 9:35
  told
• 9:35
  you
• 9:36
  not
• 9:36
  to
• 9:36
  go
• 9:36
  exempt,
• 9:36
  you
• 9:37
  idiot.
• 9:38
  Well,
• 9:39
  that's
• 9:39
  a
• 9:39
  funny
• 9:39
  story.
• 9:40
  Wasn't
• 9:40
  funny
• 9:41
  for
• 9:41
  him,
• 9:42
  but
• 9:42
  he
• 9:43
  waited
• 9:43
  till
• 9:43
  the
• 9:43
  end
• 9:44
  to
• 9:44
  review
• 9:44
  it.
• 9:44
  Yes,
• 9:44
  he
• 9:45
  had
• 9:45
  made
• 9:45
  a
• 9:45
  change
• 9:46
  early
• 9:46
  in
• 9:46
  the
• 9:46
  year.
• 9:46
  He
• 9:47
  got
• 9:47
  a
• 9:47
  bonus
• 9:48
  and
• 9:48
  he
• 9:48
  didn't
• 9:48
  want
• 9:49
  it
• 9:49
  to
• 9:49
  be
• 9:49
  taxed
• 9:49
  real
• 9:50
  High.
• 9:50
  So
• 9:51
  he
• 9:51
  changed
• 9:51
  his
• 9:51
  withholding.
• 9:52
  Well,
• 9:52
  guess
• 9:52
  what?
• 9:52
  He
• 9:52
  didn't
• 9:53
  check
• 9:53
  in
• 9:53
  with
• 9:53
  that
• 9:53
  again.
• 9:54
  He
• 9:55
  didn't
• 9:55
  look
• 9:55
  at
• 9:55
  his
• 9:55
  income.
• 9:56
  He
• 9:56
  didn't
• 9:56
  plan
• 9:56
  ahead.
• 9:58
  And
• 9:59
  when
• 9:59
  you
• 9:59
  look
• 9:59
  at
• 9:59
  it
• 9:59
  regularly,
• 10:01
  you
• 10:01
  don't
• 10:01
  have
• 10:01
  those
• 10:02
  oops
• 10:02
  moments.
• 10:03
  You
• 10:03
  don't
• 10:03
  get
• 10:03
  knocked
• 10:03
  out
• 10:04
  in
• 10:04
  the
• 10:04
  accountant's
• 10:04
  office.
• 10:04
  Funny
• 10:05
  thing,
• 10:05
  now
• 10:05
  whenever
• 10:05
  I
• 10:06
  tell
• 10:06
  people
• 10:06
  they
• 10:06
  owe
• 10:06
  money,
• 10:07
  I
• 10:07
  kind
• 10:07
  of
• 10:07
  back
• 10:07
  up
• 10:08
  a
• 10:08
  little
• 10:08
  bit.
• 10:08
  I'm
• 10:08
  like,
• 10:08
  guess
• 10:09
  what,
• 10:09
  yo?
• 10:09
  So
• 10:09
  some
• 10:10
  of
• 10:10
  my
• 10:10
  clients
• 10:10
  have
• 10:10
  said,
• 10:10
  ralph's
• 10:11
  got
• 10:11
  a
• 10:11
  tell.
• 10:11
  If
• 10:11
  I
• 10:11
  owe
• 10:12
  this
• 10:12
  year,
• 10:12
  you're
• 10:12
  going
• 10:12
  to
• 10:13
  notice
• 10:13
  he's
• 10:13
  backing
• 10:13
  up.
• 10:15
  But
• 10:16
  see,
• 10:16
  avoidance
• 10:17
  doesn't
• 10:17
  solve
• 10:18
  the
• 10:18
  problem.
• 10:20
  Avoidance
• 10:20
  just
• 10:20
  makes
• 10:21
  taxes
• 10:21
  scary.
• 10:23
  But
• 10:23
  visibility,
• 10:24
  it
• 10:24
  really
• 10:25
  makes
• 10:25
  them
• 10:25
  manageable.
• 10:27
  Here's
• 10:27
  the
• 10:27
  thing
• 10:27
  I
• 10:28
  want
• 10:28
  to
• 10:28
  encourage
• 10:28
  you
• 10:28
  with
• 10:28
  today.
• 10:30
  Predictable
• 10:31
  does
• 10:31
  not
• 10:32
  have
• 10:32
  to
• 10:32
  be
• 10:32
  painful.
• 10:34
  So
• 10:34
  here's
• 10:34
  your
• 10:34
  one
• 10:34
  step
• 10:35
  for
• 10:35
  today.
• 10:36
  I
• 10:36
  want
• 10:36
  you
• 10:36
  to
• 10:36
  go
• 10:37
  and
• 10:37
  open
• 10:37
  that
• 10:37
  tax
• 10:37
  vault
• 10:38
  account.
• 10:38
  That's
• 10:39
  it.
• 10:39
  No
• 10:40
  calculations,
• 10:41
  no
• 10:41
  spreadsheet
• 10:42
  yet.
• 10:42
  Just
• 10:42
  open
• 10:43
  the
• 10:43
  account
• 10:44
  and
• 10:44
  rename
• 10:45
  your
• 10:45
  future.
• 10:45
  And
• 10:45
  then
• 10:45
  we'll
• 10:46
  talk
• 10:46
  in
• 10:46
  the
• 10:46
  future
• 10:46
  about
• 10:46
  how
• 10:47
  to
• 10:47
  do
• 10:47
  that.
• 10:48
  Let's
• 10:48
  get
• 10:49
  right
• 10:49
  into
• 10:49
  today's
• 10:49
  Bible
• 10:50
  verse.
• 10:51
  And
• 10:51
  this
• 10:51
  is
• 10:51
  a
• 10:51
  Bible
• 10:52
  verse
• 10:52
  I've
• 10:52
  used
• 10:52
  many
• 10:53
  times
• 10:53
  on
• 10:53
  this
• 10:53
  show
• 10:53
  because
• 10:54
  it
• 10:54
  reinforces
• 10:55
  planning.
• 10:55
  And
• 10:55
  it's
• 10:55
  from
• 10:56
  Proverbs,
• 10:56
  chapter
• 10:57
  21,
• 10:57
  verse
• 10:58
  5.
• 10:59
  The
• 10:59
  plans
• 11:00
  of
• 11:00
  the
• 11:00
  diligent
• 11:01
  lead
• 11:01
  to
• 11:01
  profit
• 11:02
  as
• 11:02
  surely
• 11:03
  as
• 11:03
  haste
• 11:04
  leads
• 11:04
  to
• 11:05
  poverty.
• 11:07
  See,
• 11:07
  being
• 11:07
  diligent
• 11:08
  isn't
• 11:08
  being
• 11:09
  dramatic.
• 11:10
  It's
• 11:11
  disciplined
• 11:11
  planning
• 11:12
  before
• 11:12
  the
• 11:13
  pressure
• 11:13
  arrives.
• 11:15
  If
• 11:15
  you're
• 11:15
  waiting
• 11:16
  till
• 11:16
  April
• 11:16
  15th
• 11:17
  to
• 11:17
  address
• 11:17
  this
• 11:18
  issue,
• 11:18
  all
• 11:19
  you're
• 11:19
  doing
• 11:19
  is
• 11:19
  building
• 11:20
  pressure.
• 11:21
  It's
• 11:21
  like
• 11:21
  my
• 11:21
  grandmother
• 11:22
  used
• 11:22
  to
• 11:22
  cook
• 11:23
  in
• 11:23
  a
• 11:23
  pressure
• 11:24
  cooker.
• 11:24
  If
• 11:25
  you
• 11:25
  don't
• 11:25
  release
• 11:25
  that
• 11:26
  pressure,
• 11:26
  it
• 11:27
  explodes.
• 11:28
  And
• 11:28
  for
• 11:29
  so
• 11:29
  many
• 11:29
  people,
• 11:29
  it
• 11:30
  explodes
• 11:30
  right
• 11:31
  at
• 11:31
  the
• 11:31
  time
• 11:31
  of
• 11:31
  taxes.
• 11:32
  So
• 11:33
  release
• 11:33
  that
• 11:33
  pressure.
• 11:34
  Build
• 11:34
  a
• 11:34
  plan
• 11:34
  today.
• 11:35
  How
• 11:35
  about
• 11:35
  we
• 11:35
  pray
• 11:36
  together?
• 11:37
  Lord,
• 11:38
  thank
• 11:38
  you
• 11:38
  that
• 11:39
  you're
• 11:39
  a
• 11:39
  God
• 11:39
  of
• 11:39
  order,
• 11:40
  not
• 11:40
  a
• 11:40
  God
• 11:40
  of
• 11:41
  chaos.
• 11:42
  And
• 11:42
  we
• 11:42
  ask
• 11:43
  that
• 11:43
  you
• 11:43
  would
• 11:43
  forgive
• 11:44
  us
• 11:44
  for
• 11:44
  avoiding
• 11:45
  what
• 11:45
  we
• 11:45
  should
• 11:45
  plan
• 11:46
  for.
• 11:47
  Forgive
• 11:47
  us
• 11:47
  for
• 11:48
  letting
• 11:48
  fear
• 11:48
  control
• 11:49
  our
• 11:49
  finances.
• 11:50
  And
• 11:51
  give
• 11:51
  us
• 11:51
  all
• 11:51
  clarity
• 11:52
  today.
• 11:53
  Give
• 11:53
  us
• 11:54
  courage
• 11:54
  to
• 11:54
  build
• 11:55
  systems
• 11:55
  instead
• 11:55
  of
• 11:56
  reacting
• 11:56
  emotionally.
• 11:58
  Help
• 11:58
  us
• 11:58
  to
• 11:59
  replace
• 11:59
  panic
• 11:59
  with
• 12:00
  preparation
• 12:00
  and
• 12:01
  shame
• 12:01
  with
• 12:02
  structure
• 12:03
  and
• 12:04
  avoidance
• 12:04
  with
• 12:05
  diligence.
• 12:06
  Let
• 12:07
  this
• 12:07
  be
• 12:07
  the
• 12:07
  year
• 12:07
  that
• 12:08
  taxes
• 12:08
  no
• 12:08
  longer
• 12:09
  steal
• 12:09
  our
• 12:10
  peace.
• 12:11
  And
• 12:11
  we
• 12:12
  ask
• 12:12
  this
• 12:12
  in
• 12:12
  Jesus
• 12:13
  name.
• 12:14
  Amen.
• 12:17
  Friend,
• 12:17
  I
• 12:17
  want
• 12:17
  to
• 12:17
  encourage
• 12:18
  you
• 12:18
  right
• 12:18
  now.
• 12:19
  You're
• 12:19
  not
• 12:20
  behind.
• 12:21
  You're
• 12:22
  just
• 12:22
  building
• 12:22
  differently
• 12:23
  now.
• 12:24
  And
• 12:24
  if
• 12:24
  you've
• 12:25
  got
• 12:25
  a
• 12:25
  question
• 12:25
  for
• 12:25
  the
• 12:25
  show
• 12:26
  about
• 12:26
  how
• 12:26
  to
• 12:26
  do
• 12:26
  things
• 12:27
  differently
• 12:27
  or
• 12:28
  something
• 12:28
  you're
• 12:28
  wondering
• 12:29
  about,
• 12:29
  I
• 12:29
  would
• 12:30
  love
• 12:30
  to
• 12:30
  hear
• 12:30
  your
• 12:30
  question.
• 12:31
  Go
• 12:31
  to
• 12:32
  financiallyconfidentchristian.com/question
• 12:36
  we'll
• 12:36
  put
• 12:36
  a
• 12:37
  link
• 12:37
  in
• 12:37
  the
• 12:37
  show
• 12:37
  notes.
• 12:38
  It's
• 12:38
  right
• 12:38
  on
• 12:38
  our
• 12:39
  website.
• 12:39
  I'm
• 12:39
  going
• 12:39
  to
• 12:39
  give
• 12:39
  it
• 12:39
  to
• 12:40
  you
• 12:40
  again,
• 12:40
  financiallyconfidentChristian.com/question
• 12:45
  thank
• 12:46
  you
• 12:46
  so
• 12:46
  much
• 12:46
  for
• 12:46
  joining
• 12:47
  me
• 12:47
  today.
• 12:47
  As
• 12:47
  we
• 12:48
  talked
• 12:48
  about
• 12:48
  taxes,
• 12:49
  I
• 12:50
  want
• 12:50
  to
• 12:50
  encourage
• 12:50
  you
• 12:50
  stay
• 12:50
  financially
• 12:51
  savvy.
• 12:52
  May
• 12:52
  God
• 12:53
  bless
• 12:53
  you.
• 12:54
  And
• 12:54
  you
• 12:54
  have
• 12:54
  a
• 12:55
  great
• 12:55
  day
• 12:55
  today.