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3 ways I'm using side hustles to build generational wealth

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After getting out of debt, I focused on increasing my income. I started side hustling and earned over $100,000 in 2020.
Now, I m using my side-hustle income to build generational wealth and support my family in three ways.
I m accelerating my retirement savings so I have plenty of money to leave behind, I m building a college fund for my niece, and I m supporting my parents as they enter retirement.
This article is part of Money That Lasts, an ongoing series about generational wealth from Personal Finance Insider. ....

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Court rules Charlottesville's tax on freelance authors is unconstitutional

Court rules Charlottesvilleâs tax on freelance authors is unconstitutional
Court rules Charlottesvilleâs tax on freelance authors is unconstitutional
By Max Marcilla | January 15, 2021 at 10:45 PM EST - Updated January 16 at 4:08 PM
CHARLOTTESVILLE, Va. (WVIR) - A judge in Virginiaâs 16th Judicial Circuit declared that it is unconstitutional for Charlottesvilleâs business license tax to be applied to freelance authors, a victory for an area novelist and the litigators that represented him.
Author Corban Addison brought the case to courts with legal assistance from the Institute for Justice.
âThe tax is large enough to be significant,â Addison said. âIâm grateful, especially in these times, not to have an additional bill to pay.â ....

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Can you pay taxes with a credit card? Yes, but you'll pay a fee

You can pay your taxes with a credit card, but it will cost you. If you'll earn valuable rewards or a big sign-up bonus, it could still be worth it. ....

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Extreme frugality didn't build wealth, changed my budget in 2 ways

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I have loved saving and budgeting since I was a kid. But saving eventually became an unhealthy compulsion for me.
After years of denying myself every small pleasure, I experienced frugality fatigue and went on a splurging binge, even dipping into my savings.
I realized I had to make a change to protect my future wealth, so I added fun spending and a weekly treat to my budget so I don t feel deprived.
The first time I created a savings plan, I was 8 years old. I wanted an iPod Shuffle. I needed $100 to make the purchase, so I saved my $5 allowance each week until I finally had the magic amount. I still remember the day my dad took me to Best Buy and I emptied my entire piggy bank one $5 bill at a time at the checkout counter and walked away with my new iPod. ....

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I tried 18 of Trader Joe's award-winning foods, and would buy at least 14 of them again

Staples like the Mandarin orange chicken and soy chorizo deserve their acclaim.
I probably wouldn t buy the sweet apple chicken sausage and the white-cheddar corn puffs again.
Every year I look forward to Trader Joe s Customer Choice Awards, which reveals shoppers favorite products and helps me discover some must-try chain staples.
Items like Mandarin orange chicken have reigned supreme for years while others like plantain chips recently earned a title. So I hit up my local Trader Joe s and bought as many award-winning foods as I could to see which ones deserved their hype.
Read on to find out which of these 18 fan-favorite Trader Joe s items I d buy again, and which I would skip. ....

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