Paying Taxes on Stocks
Architects work hard for their money, but do architects do a good job at making that money work for them? Whether you choose to invest in real estate or a 401 (k), socking money away for retirement is…
Multiple Talents | Multiple Income Streams – Part 1
If swings in the economy or a global pandemic have taught us anything, it is that jobs in architecture and design are not safe. When a decline in the housing market occurs, most architects have income from only…
Getting a vaccine for your car disease- Get rich by driving your $7,000 car
Do those new, shiny four wheels make you salivate and want to go spend $80,000 every four years? Architects often fall into the trap of convincing themselves that the car they drive equates to the respect that they…
Architects know what a bracket is, but do you know about your tax bracket?
When it comes to designing a building, you know how to put all the right brackets in all the right places. But when it comes to your money, do you know what tax bracket you are in? In this…
Architects are anything but marginal..except when it comes to taxes
When it comes to designing and creating, architects are effective and anything but marginal. But what about when it comes to paying taxes? In this article, we will discuss the differences between effective versus marginal tax rates. The…
Luxury is a money trap for the weak
Ever found yourself confusing those niceties for necessities? As an architect, you’re accustomed to creating stunning visuals and creating luxurious dream properties for clients. As you begin to collect little lavish items for yourself, the mindset starts becoming…
401 (k) retirement changes for architects under Biden’s tax plan
What are some of the most important investments one can make as a fellow architect? Investing in oneself and also in a quality retirement plan. How does a change in administration affect retirement contributions? Here we will explore…