YouTubers are sharing tips on growing your money and minimizing taxes, with John Liang offering a practical investment strategy. Liang emphasizes the importance of building an emergency fund and contributing to a 401(k) for employer match benefits. He also advises paying off high-interest debt and utilizing a Health Savings Account for triple tax advantages. Liang suggests maximizing traditional or Roth retirement accounts based on tax situations and paying down medium-interest debts before investing in low-cost index funds. Flashy trading apps like Robinhood are discouraged, and mortgages under 4% interest can be invested instead of paid off early for higher returns. Money expert Rachel Cruze shared strategies to pay off a mortgage early, including refinancing and making more room in your budget. John Liang suggests an investment order strategy to grow wealth while reducing taxable income. This approach allows your money to work for you. For more financial tips, visit GOBankingRates.com. Liang’s method focuses on keeping more of your money instead of just growing it. Consider this approach to invest wisely and minimize tax obligations. Follow the advice of experts like Cruze and Liang to achieve financial freedom.
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5. “GameStop shares soar over 100% as Reddit investors continue to drive up the stock price.” – finance.yahoo.com: The Best Way To Invest Money To Avoid Taxes, According to John Liang