EPISODE · Jul 7, 2025 · 24 MIN
How the New Tax Bill Impacts Your Money in 2025
from From Middle Class to Millions · host Shannon Brome-Ward
In this episode of From Middle Class to Millions, I break down the new legislation shaking up the economy, aka the "Big Beautiful Bill", and explain what it really means for your money, taxes, and financial future. Whether you're a high earner, a parent, a retiree, or just trying to stay ahead, this bill is going to touch your pockets in some way. We'll unpack changes to: Tax deductions and credits (yes, even the Child Tax Credit got tweaked) Medicaid and SNAP eligibility requirements Retirement planning for seniors Green energy tax credits (spoiler: they're gone) More importantly, I bring it back to what hasn't changed: how you build wealth in real life. If you've been feeling overwhelmed by inflation, political noise, or economic uncertainty, this is your reminder to get back to basics - budgeting, investing, saving in a high-yield savings account, and creating multiple streams of income. Remember: It's not about red or blue, it's about making green. 🟢 Whether you're just starting your personal finance journey or you've been investing for years, this episode will help you stay grounded, clear-headed, and financially strong through it all. 📩 Need help mapping your financial game plan? Book a 1:1 consultation and let's build your wealth together. 🎧 Listen now and share with someone who needs to hear this!
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How the New Tax Bill Impacts Your Money in 2025
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