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Social Media Is Destroying Gen Z’s Finances

Plutus Family, we hope we did not keep you waiting long. We searched high and low for just the right articles for this week. Please enjoy!

Here’s what we wanted to share with you this week.

How to Organize Your Tax Documents for Your Accountant. [Tucan Dream] — “You have received all your tax slips (w-2’s, 1099’s, etc.), and you have records of your other income and expenses, but now what? How do you organize your tax documents so that your accountant can prepare your taxes with ease?” (Submitted by Tarsha.)

Prepare for the Unexpected Mini-Retirement. [Jillian Johnsrud] — “Life can be unpredictably fragile and short. You just never know. You never know if you’ll have a hundred other chances to experience your dream, or perhaps this is the last chance for that dream. Save the money, make a plan, and when the opportunity arises, grab your go bag. And go” (Submitted by J. Money.)

Social Media Is Destroying Gen Z’s Finances. [A Dime Saved] — “The main reason cited for this was that people are constantly bombarded with photos and videos of others living a lifestyle that is seemingly unattainable. This can lead to feelings of inadequacy and frustration, especially for those who are struggling to get by…” (Submitted by Tarsha.)