“Should you go pre-tax or Roth with your 401(k)?”If you’re pulling in six-figure commissions, the answer isn’t one-size-fits-all. There is a strategy for medical sales reps 💸 Pre-Tax = Immediate ReliefDid you have a great quarter? Pre-tax 401(k) contributions slash your taxable income—perfect for high-commission months. Drop in $23,500 and save over $8K in federal taxes if you're in the 35% bracket. That’s money staying in your hands, not Uncle Sam’s. 🔥 Roth = Future FreedomExpect taxes to rise? Planning to retire early? Roth contributions grow tax-free and give you flexibility in retirement—especially when you want to keep your income low for healthcare or avoid tax landmines later. 🎯 The Smart Move? Use Both.Go pre-tax when income spikes. Shift to Roth during lighter quarters. That’s tax diversification—built for a variable income world like yours. Schedule a call if you'd like to discuss your specific strategies. Learn tips & strategies to get the most out of your money. Get started today → @al-assessment Subscribe to be notified for future videos: @DaveKnowsMoney ___________ For more resources and content, check me out below! 🔔 Subscribe to my channel to learn more about all things money @DaveKnowsMoney 📬 Subscribe to my blog @be 📷 Connect with me on Instagram @wsmoney 🔗 Follow me on Linkedin @ddedman/

You’re always on the move—hospitals, clinics, last-minute case coverage. Your car isn’t just transportation—it’s your mobile office, your territory tool. So what’s smarter: buy or lease? 💥 Leasing can be tempting: lower payments, a fresh ride every 2–3 years, and minimal maintenance. For a polished, always-on-brand look, it’s attractive. Plus, in a business-heavy role, leasing may offer deductions if you track mileage and use it primarily for work. 🔧 Buying, on the other hand, means long-term value. Once it’s paid off, you own it outright—no mileage caps, no excess wear fees. You can rack up the miles chasing quotas without sweating penalties. 🎯 Here's The smart moveIf you’re clocking heavy miles and plan to keep the car long-term—buy it.If you want low payments, a new car every few years, and can write off business use—leasing can work. Bottom line: Your car should work as hard as you do. Choose the strategy that fits your lifestyle Learn tips & strategies to get the most out of your money. Get started today → https://www.pulsewealth.co/financial-assessment Subscribe to be notified for future videos: @DaveKnowsMoney ___________ For more resources and content, check me out below! 🔔 Subscribe to my channel to learn more about all things money @DaveKnowsMoney 📬 Subscribe to my blog https://www.pulsewealth.co/subscribe 📷 Connect with me on Instagram https://www.instagram.com/daveknowsmoney 🔗 Follow me on Linkedin https://www.linkedin.com/in/daviddedman/

Being on the go doesn’t mean your finances should be on autopilot. Here are 5 ways you can improve your finances while still on the road ✈️ Turn travel into tax savings Track mileage, meals, and overnight stays. Many of your expenses could be partially deductible — don’t leave money on the table. 📱 Automate your wealth building Use downtime at airports and hotels to review your 401(k), Roth IRA, or HSA. Better yet — automate contributions so wealth grows while you sleep. 🧾 Scan and organize receipts weekly A 5-minute Friday habit can save hours at tax time (and money in deductions). 🧠 Listen to money podcasts or short financial reads Turn windshield time into learning time. You’ll make sharper financial decisions with even 1% better thinking. 📊 Check your “walk away” number once a month You’re not just chasing quota — you’re building freedom. Keep your long game top of mind, even while grinding on the road. Don’t forget to like and subscribe to @DaveKnowsmoney

You’re six months into the year—territories are shifting, quotas are tightening, and commissions are stacking. But here’s the real question: Are your finances winning at halftime? 🏈 Halftime is where winners adjust.Your sales numbers get reviewed—so should your money moves. This is your chance to check the scoreboard and pivot before year-end sneaks up. 📊 Ask yourself: • Are you on track to max your 401(k) or Roth? • Did those Q1 and Q2 commissions go toward building wealth—or just funding lifestyle upgrades? • Have you taken advantage of tax strategies like HSA contributions, Roth conversions, or charitable deductions? • Is your walk-away number still aligned with your income and goals? 🔥 Now’s the time to: • Increase automated savings to brokerage or Roth accounts • Rebalance your investments—especially after market swings • Strategize for Q3/Q4 bonuses with intentional tax planning • Pad your emergency or opportunity fund (hello, rental property or private deal) You wouldn’t go into the second half of the year without a sales plan—don’t do it without a financial one. Reach out to me for your own personal financial assessment! 🔥 Webinar Alert: F.I.R.E. for Medical Sales Pros! 🔥 Escape the Quota Grind & Retire on Your Own Terms 💪 Tired of the constant grind? You’re earning big — but is it building freedom or just funding your lifestyle? In this game-changing session, we’ll break down: ✅ The Medical Sales F.I.R.E. (Financial Independence, Retire Early) Blueprint ✅ How to turn commissions into passive income ✅ Smart tax strategies to keep more of your hard-earned money ✅ Setting your “walk-away number” — and hitting it 📅 Date: July 16th ⏰ Time: 7pm EST 📍 Register here: https://lnkd.in/edxqm5mR