So, a little background info: I starting dancing in October, then quit for about a month, switched clubs and have now been actually getting into it and developing my hustle. I'm currently full-time in university and I dance thurs/fri/sat. I don't have any other job at the moment, so I'm just worried about depositing what I make into the bank for obvious reasons lol. I've poked around in the Dollar Den and essentially I realise what I need to do is hire an accountant to help me out, someone at a smaller firm perhaps, who is familiar with small businesses/independent contractors.
I'm just wondering if I should be worried about the past 4-5 months I haven't done that? Is it too early in my life to be worried about taxes?
Also, in terms of saving/debt, tuition is around 6-7k per year. I've applied for a loan for this year, and have to reapply every year that I need it.
Again from what I've read on SW, my first priority should be paying that off first, then saving.
In terms of saving I'm a bit lost on how much to use toward my loan, and how much to save/how specifically to save it. TFSA? (I think in the USA it's a Roth IRA) CDs? save first and invest later?
Basically my goal is to save as much $$$ as I can, and invest it so that my "money makes money", and after 4-5 years move on to new adventures with something to show for it.
I also want to maximize my time dancing since I've started relatively(?) young.
If this thread is redundant/repetitive and there are similar ones that I haven't found I apologize, and never mind me![]()




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