The Artist's Path to Financial Stability: IRA Insights, Maximizing Benefits, and Reaching Full Creative Potential with Hannah Cole

Margo is joined again by tax expert for creatives, Hannah Cole. Hannah specializes in working with creative businesses and mission-driven solopreneurs. A long-time working artist herself, she's helped tens of thousands of self-employed people skill up with accessible tax and money education, through her Money Bootcamp program, speaking engagements, and through her podcast. Margo and Hannah unpack the complex world of finances, exploring the impactful financial habits that can safeguard your future, the emotional hurdles around financial literacy, and how shifts in mindset can lead to financial empowerment. They also dive into the importance of IRA contributions and the significant tax advantages they offer, the impact of non-compete laws on wages and even some antitrust law news.   Margo and Hannah discuss: Why understanding and managing finances can feel particularly hard for creative businesses Some of the mental shifts necessary for artists to tackle financial understanding and planning effectively Non-compete agreements  Antitrust laws and how small businesses are currently being impacted Understanding state business licensing and quarterly taxes for freelancers Daily investment tips to potentially reach a million-dollar retirement fund Hannah's advocacy for basic, proven investment methods over complex strategies Why you should focus on minimizing fees and long-term wealth building   Sign up for Money Bootcamp with Hannah and receive $100 off by using code WINDOWSILL at checkout!   Connect with Hannah: https://www.sunlighttax.com/ https://www.sunlighttax.com/podcast https://www.sunlighttax.com/deductionsguide Free class on-demand: go.sunlighttax.com/register   Connect with Margo: www.windowsillchats.com www.instagram.com/windowsillchats www.patreon.com/inthewindowsill