Jerry opens Season 6 with a timely reflection on self-worth and spending habits. Inspired by a tire blowout and a chat with a fellow driver, he explores how the cost of vehicles — and vanity — can derail financial goals. Through practical budgeting rules and a clear explanation of opportunity cost, he shows how redirecting money from depreciating assets toward investments or emergency savings can transform your financial trajectory.

The episode wraps with updates to the Pink Money Podcast website, including the launch of Jerry’s Playlist, and closes on a message of empowerment: the real symbol of success isn’t the truck in your driveway — it’s peace of mind in your bank account.

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It’s the Season 5 finale of Pink Money! In this episode, Jerry breaks down one of the most misunderstood topics in personal finance: how taxes actually work. From U.S. progressive brackets to global flat tax systems, Jerry explains why your last dollar doesn’t put your whole paycheck in a new bracket, why deductions matter, and why “simple” tax systems aren’t always fair.

Along the way, he highlights how states like Texas balance no income tax with high property and sales taxes, why federal cuts often circle back to you through state taxes, and why understanding the system helps you avoid voting against your own best interests. Whether you’re a W-2 employee, a self-employed gig worker, or just curious about how taxes hit your wallet, this episode will give you the tools to think critically, plan smartly, and head into tax season prepared.

And with this, Season 5 wraps up—get ready for new insights, stories, and surprises in Season 6 of Pink Money!

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Jerry welcomes entrepreneur and author Gregory True, whose new book Proud Wealth: Building Abundance on Your Own Terms guides LGBTQ+ listeners through the A-to-Z of personal finance.

📚 Get the book on Amazon

Gregory shares the personal story behind the book — the loss of his husband — and why estate planning, powers of attorney, and other legal documents are essential for queer couples. We also talk about tackling debt without shame, first steps for 20-somethings, choosing queer-competent advisors, and why “saving and security is our best form of protest.”

Gregory’s audiobook is newly released, and the book is available widely (including Amazon). He also shares ongoing tips on Instagram at @proudwealth.

In This Episode:

• 🏳️‍🌈 Estate planning must-haves for LGBTQ+ families
• 💳 Budgeting, debt, credit, and beginner investing made simple
• 🌈 Navigating discrimination and staying authentic in business

Disclaimer:

Educational only — please consult qualified tax, legal, and investment professionals for advice specific to you.

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