Super Basic Wealth Hack--Taxes And Your W4
Another basic "hack" everyone should be practicing if aiming to optimize their finances is to setup your federal withholdings on your W4 (US only of course) to result in you OWING just under the maximum allowed without penalty. Some people celebrate a tax refund but this is actually costing you a significant financial opportunity. Of course, pay your quarterlies on-time and follow the advice of your tax professional.
Here's a blog post I wrote with some basic examples and tips included for illustration: