The IRS, Your Irrevocable Trust, and You: Why Your Kids Might Say Thank You!

Wellthi warriors, gather around for a story more twisty than your last TikTok dance trend. It’s about the tax boogeyman – IRS and its March ruling that has rocked the world of estate planning. So, you’re thinking, “Trust? Isn’t that what my last ex had issues with?” Nope, not today! We’re talking about irrevocable trusts. […]

Ask Wellthi: Is it better to start a business first or buy a home?

Wellthi user JasmineJ posted in the Wellthi app this week with a classic millennial conundrum – should she bootstrap a startup first, or save for that cute craftsman bungalow she’s been eyeing on Zillow? It’s a toughie, like choosing between Coachella or the local indie music fest. 🎸 Wellthi GPT says: Starting a business is […]

Fashion Your Future: Transforming Side-Hustles into a Fabulous Financial Runway

👠 The economic world is getting a style makeover! The little black dress of side hustles is now an essential accessory in your financial wardrobe, according to a 2023 survey from LendingClub and PYMNTS. They reveal that Americans are strutting a cool $52 billion a month from side jobs, with almost half of us taking […]

Ask Wellthi: Should I Get a Credit Card?

Questions, questions, questions! Wellthi GPT has answers. Reddit user /u/checkyesromeo wants to know if they should get a credit card: “Hi, just looking for some advice regarding credit. I’m 21 years old. I currently only have a checking and savings account. I make $39,000 pre-tax. I have a credit score of 764 because I’m listed […]