How I Manage My Money | Income, Investments, Saving (Self-Employed Personal Finance Strategy Update)

Written, filmed and edited by yours truly. Subscribe for $0 and don't forget to INCINERATE the like button, I'll love you forever.

0:00 Major changes
0:56 Income streams
1:23 Corporate job era
4:42 Self-employed era
11:23 Future strategy
12:48 Exclusive behind the scenes

✨ Equipment I use for filming ✨
➢ My camera (aka my phone): iPhone 15 Pro Max

🎵 Music

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TAGS lol: how i manage my money, income, investments, saving, self employed personal finance strategy, personal finance strategy, taylor bell, personal finance, how to save money, how to budget money, save money, saving money, how i invest, where i put my money, payday routine, how i budget, how i plan my finances, how to plan finances, personal finance 101, self employed personal finance, taylor bell finance, personal finance in my 20s, budgeting in my 20s, how to manage money, finance, what i do with my money when i get paid, payday, managing money, my income streams

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Current Sub Count: 442,765

[tonysilke]

80% equities 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.

[mirrermirrer]

No matter what you say or how much important the subject is, a lot of people come here to see you and watch you talking that frequently. Including me TURTLE

[oscarberry]

I am a rising college freshman! You are my fav YouTuber of all time. I always finish your videos with a newfound motivation to do something special with my life! 🐢

[hanmira]

Omg I was JUST watching one of your old videos and wondered when you were gonna post again, the timing is perfect!❤ Thank you

[davidlowe]

You should start your own (separate) investment/financial/money management YouTube channel. You can play the new channel name off the stock market bell 🔔 and your name and call it The Financial Bell (or something more clever).

[kierstenking]

Girl… You are helping so many people by making these videos… Thank you so much!

[robyn_southafrica]

No matter what the subject matter is of your videos, its always nice to see you speak with so much enthusiasm and passion. Your genuineness (?) and openess is honestly always so refreshing. Respect! 🐢

[heath_biller]

HSA's are my favorite account so I'm glad you mentioned them. Most people don't realize you can invest your HSA money. Also, at age 65 you can take money out of an HSA for non-medical expenses without the 20% penalty. You would pay taxes on it though for non-medical expenses. So it essentially can be used as an HSA or a traditional retirement account after age 65.

The contribution limit for SEP-IRAs is technically 25% but since you are taking a deduction on the contributions, that reduces your taxable income which in turn reduces the 25% amount that you can contribute. So the limit usually falls somewhere between 20-25% but is usually a little lower than 25%. Hopefully later this year firms will start offering Roth SEP-IRAs. Those are allowed now after the SECURE 2.0 bill was passed.

Some good strategies to consider in the future for brokerage accounts are tax loss harvesting & donating appreciated shares to reduce your capital gains taxes down the road. Great video though! Seems like you are setting yourself up great for the future.

[ozatanvi]

Two weeks ago, I experienced the loss of someone dear to me. Your content has been a source of solace, bringing a glimmer of hope and lifting my spirits. Thank you for generously sharing your life with us; it's not just brightening my day, but also bringing comfort to many others like me!

[MrAmmo]

Perfectly timed video for my 15 minute break

[bloodyraindrops]

Hi Taylor, I love your content! I'm your age and an independent woman and it's fascinating to see such transparency. Haven't quite gotten to such open levels of dialogue with my friends and family yet, lol. Wishing you the best on your journey!

[fischersUSA]

Wow, 1 minute! Can't wait to see the new video! Loooove from Austin 🎉💖

[adamschaftel]

Such a great video! I appreciate the way you communicate in a way that is direct and confident, but also humble and with grace. Keep up the great content!

[Sarah-qnso]

Taylor, I'm not even from the US but I watched your video from start to finish because I was amazed at how eloquent and smart you are! Congrats on your financial journey. Seems like you are doing great!

[humphrey]

great work Taylor! Kate Middleton needs to take some advice from you

[iguana]

This was a really good video Taylor learned some excellent advice.

[oldhamer]

You're an inspiration to me. I'm a 40 year old guy with a full-time job in the UK but you've inspired me to spend more time on my side hustle (poker) and now I'm making more money than before. Thanks again and keep the videos coming!

[dwmaderob]

The "I am American" and the Eagle sound in the background is perfect 👌 lol

[alejandrorodriguez]

Starting my day with Taylor giving us a great breakdown on her video, love it ❤, have a wonderful day Taylor 🐢

[proudlycanadian]

Thank you very, very much for the great video! Since watching Taylor Bell, I have taken more of an interest in financing, banking, and other things concerning money! Also, I have mentioned so many that part of me is so deeply in love/head over in love with Taylor Bell this is because I have fallen deeply in love with New York! The reason is that I am accountable to some very powerful/influential people and I had to do something to get over my PAST hatred of American culture. I noticed Taylor Bell's channel-she is very different, very intelligent, friendly, and approachable. Even though a lot of people are very different from who they are in real, its her transparency/sincerity! For some strange reason, I am also videos on US immigration! Thank you very much, Taylor Bell! You are absolutely fantastic and brilliant! Keep up the perfect work!