Hey Rich Girls, Kirby here - and have you heard the terms standard deduction and itemized deduction but never really understood what they mean? Well today we are breaking down the difference between standard and itemized deduction and how you can determine which one you should be taking. I promise it’s not as complicated as it sounds, so let’s get this explained and get you on your way!

**please note this is not investment advice, just my opinion & should be used for entertainment purposes only**

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ARTICLES MENTIONED:
Standard deduction amounts: https://www.nerdwallet.com/article/taxes/standard-deduction#:~:text=The%20standard%20deduction%20for%202024%20(tax%20returns%20filed%20in%202025,joint%20filers%20and%20surviving%20spouses.

Standard deduction history: https://www.marketplace.org/2017/05/09/history-income-taxs-standard-deduction-more-interesting-than-you-think/

Percentage of Americans who itemized deductions in 2020: https://taxpolicycenter.org/briefing-book/what-are-itemized-deductions-and-who-claims-them#:~:text=The%20share%20of%20returns%20that,in%202020%20(figure%204).

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Hey Rich Girls, Kirby here - and today we are going to go over 3 things you can still do NOW to lower your 2024 tax bill. Watch this episode on YouTube: https://youtu.be/UnqsDQPDpYE

**please note this is not investment advice, just my opinion & should be used for entertainment purposes only**

Tax Saver's Credit: https://youtu.be/SkIEFEVQUr0?si=Nu7k-FFLO3ItECVr

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Want YOUR money question to be answered in an upcoming episode? Submit an anonymous question here: https://richgirlsguidepodcast.com/contact

MY EXACT YOUTUBE SETUP (Amazon affiliate links):
Canon EOS R6 Camera: https://amzn.to/4cgzSdd
SD Memory Card: https://amzn.to/3VYJrrA
Shure SM7B Microphone: https://amzn.to/3xoIJuk
Teleprompter: https://amzn.to/4cI4iVD
Rodecaster Pro: https://amzn.to/3VGAAcA
Manfrotto Camera Tripod: https://amzn.to/3W1Secm
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ARTICLES MENTIONED:
High Deductible Health Plan Particpation: https://www.bls.gov/ebs/factsheets/high-deductible-health-plans-and-health-savings-accounts.htm

HSA information: https://www.nerdwallet.com/article/health/hsa-qualified-expenses

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The Power of Habit: https://amzn.to/3xxkytF
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You Are A Badass At Making Money: https://amzn.to/4bkKuqg

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Hey Rich Girls, Kirby here - and did you know that we are currently undergoing one of the largest wealth transfers in modern history?!

**please note this is not investment advice, just my opinion & should be used for entertainment purposes only**

CONNECT WITH ME:
Youtube: https://www.youtube.com/@richgirlsguidewithkirby

Threads: ⁠https://www.threads.net/@richgirlsguidepodcast⁠
Instagram: https://www.instagram.com/richgirlsguidepodcast/
TikTok: https://www.tiktok.com/@richgirlsguide

Want YOUR money question to be answered in an upcoming episode? Submit an anonymous question here: https://richgirlsguidepodcast.com/contact

MY EXACT YOUTUBE SETUP (Amazon affiliate links):
Canon EOS R6 Camera: https://amzn.to/4cgzSdd
SD Memory Card: https://amzn.to/3VYJrrA
Shure SM7B Microphone: https://amzn.to/3xoIJuk
Teleprompter: https://amzn.to/4cI4iVD
Rodecaster Pro: https://amzn.to/3VGAAcA
Manfrotto Camera Tripod: https://amzn.to/3W1Secm
Cloudlifter: https://amzn.to/3L0Ntt1
Microphone Stand: https://amzn.to/3VGI6V0
Mic Cable: https://amzn.to/4bkKOW0
Amaran 100D LED Light: https://amzn.to/3W0Bl1t
Aputure Lantern Light: https://amzn.to/3RHp7bK
Softbox lighting kits: https://amzn.to/45MGygS
Amazon Fire Tablet: https://amzn.to/3L0lxp4
⅛ to ¼ Stereo Cable:https://amzn.to/4bCHYff

ARTICLES MENTIONED:
WSJ Women Wealth Transfer podcast episode: https://podcasts.apple.com/us/podcast/how-women-are-reshaping-the-biggest-wealth-transfer/id152024419?i=1000687052262

Baby Boomer Women Deciding The Fate Of Trillions Of Dollars: https://www.nrmlaonline.org/2025/01/24/baby-boomer-women-deciding-the-fate-of-trillions-of-dollars#:~:text=Nearly%20%2440%20trillion%20of%20wealth,die%20to%20avoid%20family%20disputes.

Kiplinger Women Bank Accounts: https://www.kiplinger.com/personal-finance/credit-debt/years-ago-women-won-equal-access-to-credit#:~:text=Personal%2Dloans-,50%20Years%20Ago%2C%20Women%20Won%20Equal%20Access%20to%20Credit,helped%20women%20build%20financial%20independence.&text=As%20recently%20as%201974%2C%20banks,to%20get%20a%20male%20cosigner.


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The Power of Habit: https://amzn.to/3xxkytF
Atomic Habits: https://amzn.to/4bh5Ncc
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You Are A Badass At Making Money: https://amzn.to/4bkKuqg

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