Two Girls Investing Podcast

17 - From Kenya to Kickbacks: Travel Tales & Tax Write-Offs


Listen Later

In this episode of TGIF Two Girls Investing Friday, the hosts return from a brief hiatus during which one of them visited Kenya. They share details about the mesmerizing safari and coastal experiences in Kenya, discussing the cost implications of currency. They then pivot to discuss business ventures, with Colleen detailing her journey of turning her love for shopping into a successful subscription box business supporting Canadian small businesses. Jess shares insights on running an Airbnb, including the tax benefits and strategic expense tracking to minimize taxable income. They conclude by teasing the next episode, which will focus on tax strategies.

00:00 Welcome to TGIF: Two Girls Investing Friday

00:34 Jess's Kenya Adventure

04:49 Turning Shopping into a Business

07:48 Financial Benefits of Running a Business

10:45 Maximizing Inventory Efficiency

11:03 Paying Yourself and Business Growth

11:53 Personal Finance Strategies

14:46 Understanding High-Interest Savings Accounts

15:05 Monthly Interest Myths

18:17 Tax Benefits of Owning Rental Properties

21:34 Concluding Thoughts and Next Episode Teaser

...more
View all episodesView all episodes
Download on the App Store

Two Girls Investing PodcastBy Two Girls Investing Co.