financial literacy case competition

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CAPA NoVA and Smart 1040 Sponsor this financial literacy for young people final case study – My Pathways to the Financial Freedom.

Date: 7/31/2025 9-10 pm. Zoom ID: 9049835892 PIN CAPA

Ten college and highs school students will compete!

Judge: Steve Parisi, CEO of IBC Global, is a nationally renowned cash value life insurance and wealth building expert. His new book is available at https://www.amazon.com/Whole-Insurance-Unlocking-Secrets-About/dp/B0FGN7NFWY: “Whole Life Insurance | Unlocking the Secrets About Cash Value: How Banks, Corporations, and the Wealthy Use Cash Value Life Insurance.”

Pay via:  Smart Finance with Smart Young Pro (2025 Summer Program) @ Smart 1040 LLC / Quality Tax Planning by a CPA/IRS EA 

Coach Mike shares his 25+ years of accounting, tax  and financial experiences to you, the FLYers.

https://us02web.zoom.us/rec/share/F6HSQucB9jAmE_InUgh5L7jbznqOChn9qVO912m3BqXRoMrxX54EugBrbqsqwyzt.GoV1pvzFFplR7QH0 

Passcode: FLYLatte1!

SMART  = Strategies to Master Assets and Reudce Taxes

1. SMART goals on the vision board

2. FLYer financial planning exercise

3. Case study for ten FLY rules

4. The 8th world wonder

5. How Kevin turns chores into millions

6. Ten FLY financial accounts you should build

7. Ten tax-free account hackathon

8. Ten Adult 101 SMART moves when you turn 18+

9. Smart life with whole life

10. Ten life and money wisdoms from the Oracle of Omaha

11. FLY career planning in the AI age

12. How to buy your first house at the age of  18

FLY high powered by the One Big, Beautiful Bill Act

Class agenda (subject to change).

1. College Cost Gameplan: 10 real-world strategies to afford your higher education

2. Ten FLY rules that benefit you lifetime: e.g., no money, no honey. Uncle Sam is not your uncle 

3. Campus Rental Strategy (co-taught by Chris Nie and Kevin Nie): How to use OPM secret to create passive income 

4. Minor Roth IRA: From first paycheck to millionaire habits

5. Ten things your CPA advises you to do by the age of 18: personal brokerage account, personal budget tool and personal living trust

6. HSAs for Young Adults: How to triple-tax shelter your health & wealth

7. Cash Value Life Insurance: Contribute to your "family bank" with properly structured policies

8. Power of Compound Interest: Buy, Borrow and Build strategy to perpetuate your wealth

9. OBBBA tax law and how to benefit from it 

10. AI era career planning. By Sasha, Olesia, Gabe and Nick

1. 该讲座提出的想法和操作令我感到耳目一新，具有很强的启发性。我尤其喜欢案例教学法，而且注明税法出处的做法很对我的胃口，授人以渔嘛。由于小孩已是高中最后一年，我希望如果能早几年学到就好了。

2. Thank you so much for your email and the replay. I learned so much for you. I have 4 kids, oldest one is 13 and youngest one is only 3. Can we hire you as our consultant to help us plan? My husband only speaks English. 

3. I was very impressed by your four outstanding kids - you have taught them well! We need to learn from you.

4. Mike, It was very good, your children are amazing and very knowledgeable ! You are a great parent too [强][强]!

5. 我喜欢你教孩子们的方式，向你学习。也谢谢你让我对数字货币有了不一样的认识。

6. Mike老师的上一期课（Smart Tax Planning for Young Pros ) 针对刚进入职场的年轻人，在平台推出，之后，受到了广泛欢迎。 课程深入探讨了对年轻人特别有操作性的税务规划，包括创业，各项省税办法，副业，401K/Roth/HSA, 保险，房产投资，cryptocurrency， 家庭基金会等等。 Mike 老师并在平台举办了三次大型免费公益讲座， 每次Zoom Room 都爆满

7. Very good .  The more I attending your class , the more I learn knowledges, the more I set mind settings to financial awareness

Career coaching: I am deeply grateful for your guidance and for sharing this information. Accumulating knowledge and being proactive are key elements to success.

8. Hey Mike, well this year I have even more to be thankful for because God put you into our life. May He bless you with happiness and health this holiday season. 

9. Mike, you do great job on training next generation wealth management skills
10. Your passion and knowledge will help more people if you connect with CAPA platform!

Coach Mike will cover (1) goal setting for young people through vision board; (2) Coach Mike and Chris share their vision boards in 2024 and 2025; and (3) Coach Mike, Chris and Kevin talk about FIRE strategy (Financial Independence and Retire Early) related tax planning.  

 Date: Sunday, 2/16/2025 3-7 pm Eastern

Address: 2726 Gallows Road Game Room Vienna VA 22180

Parking: Free parking across the street at Harris Teeter grocery store garage 

About tax and financial planning learning experience

 "It’s not about how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for." – Robert Kiyosaki 

 "Tax planning is a means to an end: wealth creation. The earlier you start, the bigger the benefits." 

Kevin explained the meaning of (1) living within the means; (2) paying yourself first; and (3) letting money work for you rather you work for the money.

 "The best time to start saving was yesterday. The second best time is now."  - A Chinese Proverb

Our team can provide expert tax consulting services for any tax issue you may be facing. Let us help you find the best solution for your tax needs.

 VSA诚邀您参加11月9日晚8点的讲座，资深专家Mike 教官将从十大税务规划建议为您深入解析CSS和FAFSA。无论您是高净值家庭还是低收入家庭，都能找到适合的规划方案。

Date: Saturday 11/9/2024 8 PM Eastern. VSA Zoom ID. Registration required. Free workshop

1. Parent asset strategies 
2. Parent income strategies 
3. Student asset strategies 
4. Student income strategies 
5. Grandparents strategies 
6. Low income low asset family strategies 
7. High net worth family strategies 
8. High w-2 income family strategies 
9. Creative student Strategies 
10. Divorced parents strategies 

We offer tax consult and training for individuals and businesses who want to learn more about tax rules and regulations.  

 ＂你挣多少不重要，你能留住多少才重要“ —- 税务专家Mike Nie 的讲座会是一场＂及时雨

 我承认，咱们的标题有点＂哗众取宠＂，钱嘛当然是挣得越多，税后就会留得越多！ 嗨， 那可真不一定。美国复杂的税法有一条条杠杠，一条条划线， 有时你多挣上一点，正好触线，税后收入可能比挣得少一点儿反而更低。

当然，这并不是本文的主题。 为Uncle Sam打工是在美干饭人或老板都不可避免的， 也是天经地义的。上税是公民的义务、责任也是光荣。 但是如果你了解并掌握了合理合法节税的知识， 那你不仅可以为家庭保留更多的劳动果实， 也可以把省下的资金投入到你直接关心的身边社区的公益中。  

 我听了一次Mike的公益讲座。 有二十余年实战经验， 拥有MBA学位及多种财务税务行业认证的Mike就讲了一对夫妻例子。夫妻俩一人上班年收入15万，另一位是全职研究生。 通过合理的税务规划实现了当年0 税负。

也许有人说， 交税吗， ＂我年底买一份TurboTax 软件算一算就知道哪里能省。”   此话差矣， 此时已是＂事后”， 只是正确报税的范畴。 真正的规划， 比如孩子教育基金， 自己存401K各种选择，退休安排， 那都要多年前预先规划并操作， 才能达到节税效果。

也许有人说，税务知识嘛， 我google搜索一下， 读本书就可以。 这些确实有助于积累知识点， 但需要投入很多时间长期积累才会有比较深入了解。 就说google, 找到知识点很象一棵一棵树，但你很难见到林， 很难有全局的认识。 而且要有稍好一点的搜索效果， 你首先要有对很多行内概念的了解， 这对极大多数行外人士是个很大挑战。 

 有多年实务经验， 见识并已帮助了行行色色背景不一的很多客户进行税务规划的Mike 正好填补了这个空缺。

10月6日起， Mike 㩗手非营利CAN平台， 为社区带来连续六次实用的税务规划讲座， 这些讲座老少咸宜， 尤其对刚开始工作的年轻人及接近退休的留一代将特别有帮助。六次课程总计费用只要300元／人，而一贯热心公益的Mike 承诺捐助一半课程收入给CAN平台发展公益事业。

特别是Mike 这次给CAN平台成员带来特殊的＂一人交费，全家上课＂福利。CAN平台非常感谢Mike 的热心和慷慨。 

 啥也不多说了。 强烈推荐大家报名听课。 不夸张地说，如果听众能从六次课程获得的知识作为起点及契机，来良好安排并规划今后家庭税务， 那今后能省税的潜力可能会超过课费好多倍， 而且全家几代人可能多年受益。

Tax Planning Class上课时间是六个周日晚上9 - 10pm ET, starting from 10/6/24.

报名截止日：10/4/24.

Bonus: 孩子报名，家长可免费旁听。另外如果某次课有时间冲突错过了，会有视频回放。
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CAN (Chinese American Network）或美华网络，是一个注册于美国伊利诺伊州的 501(c)(3) 非营利组织。

CAN平台致力于为华人家庭，华人子弟打造温馨和谐的交流、成长及发展平台， 拥有并运营[美国名校ABC相亲群]系列（包括HYPSM五校群，晒贴群及十几个热点地区区域相亲群等），[北美留学生相亲群]系列， 热点市场[租房找房群]系列， [美国名校家长AI应用交流群]系列，［CAN平台实习+内推+职场群]系列，[CAN财务税务研讨群］，［与成年子女交流与沟通群] 等上百个主题群。CAN超百名义工服务遍布北美的数千个CAN社区华人家庭。