👋🏽 Hello, Future You.

It's time for a little end-of-summer break. I like to take a moment to breathe before the last quarter of the year. It's the busiest time of year for my consulting practice. The end-of-the-year always unearths client wild ideas. It's fun, but I've learned. I need to reserve space for the unknown.

I’ll be out of your inbox for a few weeks.

In the meantime, some money-related bits for you.

• I enjoyed this listen, ​Laziness Does Not Exist​ (The Next Big Idea). I especially love the history lesson of how "always be productive" came to be in the United States. The bottomline: it's okay to do nothing. I have also been thinking a lot about what it means to say I can only work four hours a day.
• I have been working hard on replacing the habit of grabbing my closest screen with grabbing a paper book. I've learned a lot in this time, including when I'm not staring at a screen, I have a lot of time to read. I have a new, thriving relationship with the library as a result. I have been flying through books. Every time I check out a book, I get a receipt and it states how much I've saved by checking my books. So far, I have saved $136.99 and have at least $1,000 on hold. Pretty awesome.
• I know this not a popular opinion, but I'm a lukewarm fan of the Olympics. I knowwwww. Wet blanket. But, I cannot stop reflecting on the environmental impact and the overstatement of the economic benefits. If you're curious, this is an interesting long read from the Council on Foreign Relations, ​The Economics of Hosting the Olympic Games​.

⏰ Reminders.

• Monday, September 16, 2024: 4th 2024 payment estimated federal and state taxes are due.
• Monday, September 16, 2024: Extended returns due for partnerships (including LLCs) and S-corp returns.
• Tuesday, October 15, 2024: Extended personal returns (Form 1040) and C-corp returns are due + contributions to solo 401(k) plans or simplified employee pension (SEP) plans for 2023 by self-employed if you received a filing extension.
• Tuesday, November 5, 2024: Election Day. Vote.

You can peruse the LL Letter archive ​here.​

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