Why Barista F.I.R.E Is Superior For Tax Savings

Tax efficiency is one big reason why financial independence and early retirement are possible. Barista FI is perhaps an extremely tax beneficial way to live a semi-retired lifestyle while paying dramatically low amounts of income tax. This is mainly because being Barista FI means that you still have "earned" income in the eyes of the IRS. Having some "earned" income opens up the possibility for many tax credits and deductions that full retirement may not have. This tax efficiency can allow you to "retire" much faster and have a high quality of life on a lower gross income because you save so much on taxes.

Have You Seen My Other Video Yet On 5 Ways You Can Become Barista FI?
   • 5 Types Of Barista FIRE You Should Co...  

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#BaristaFIRE #TaxSavings #SemiRetired

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