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Nobody Taught You This About Money (The 3 Main Income Types)
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In this video, I tell you the three main types of income; earned income, portfolio income and passive income. We discuss the tax and lifestyle implications of each, and why one income type is often worse than the others.
MY FILMING GEAR:
TIMESTAMPS:
00:00 - Introduction
01:23 - Earned income
01:47 - Portfolio income
02:34 - Passive income
03:11 - Tax implications
07:27 - Lifestyle implications
WHO AM I:
I'm Kiran, a qualified Accountant and experienced tax professional living in the UK. I make videos about finance, tax and investing.
DISCLOSURES & DISCLAIMERS:
This content, and the ideas presented in it, are for education and entertainment purposes only. Kiran does not provide tax or investment advice. The information presented does not consider the financial circumstances of any investor, and therefore may not be suitable for all investors.
Although Kiran is an Accountant, no Accountant-Client relationship is established with the viewer in any way.
As an Amazon Associate I earn from qualifying purchases. The product links in the description are affiliate links. This means if you choose to buy something through one of these links, I may receive a commission on the sale, but it makes no difference to you as a buyer.
MY FILMING GEAR:
TIMESTAMPS:
00:00 - Introduction
01:23 - Earned income
01:47 - Portfolio income
02:34 - Passive income
03:11 - Tax implications
07:27 - Lifestyle implications
WHO AM I:
I'm Kiran, a qualified Accountant and experienced tax professional living in the UK. I make videos about finance, tax and investing.
DISCLOSURES & DISCLAIMERS:
This content, and the ideas presented in it, are for education and entertainment purposes only. Kiran does not provide tax or investment advice. The information presented does not consider the financial circumstances of any investor, and therefore may not be suitable for all investors.
Although Kiran is an Accountant, no Accountant-Client relationship is established with the viewer in any way.
As an Amazon Associate I earn from qualifying purchases. The product links in the description are affiliate links. This means if you choose to buy something through one of these links, I may receive a commission on the sale, but it makes no difference to you as a buyer.
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