Hey der kind readers, dis is da welty accountant from way up nort der hey where it gets darn cold in da winnertime. Payin all dose heatin bills is a might painful here in Phuket, Weeesconsin, sometimes known as Nowhere, Weeesconsin so extra side income is always welcome.
Mrs. Accountant does her best to contribute to the family budget by cookin and cleanin whenever the work shows up. She is the kindest thing to ever walk God’s green earth and proves it by sending your favorite accountant with a brown bag lunch to work every day to save money.Read More
Frugal living is challenging at times. What seems like a meaningless small change can energize your budget and fire your investments on a steeper trajectory.
Countless blogs and websites provide lists on how to save money. Turn out lights, turn down the heat in winter and the library are good ideas. Mr. Money Mustache has a strong drive to bike. On several occasions he has published on the benefits of biking. Biking is good for your health and cuts energy use. Reducing or eliminating what he calls a “clown-like car habit”, you cut spending by serious coin.Read More
This week’s Stalking the Accountant edition is special. We had another drawing for cash prizes here at The Wealthy Accountant and it ended up a humbling experience where dozens of people will benefit far more than the minor investment of cash would indicate.
The drawing pulled names from subscribers who opened their email of the latest blog posts. The winners of the $50 prize are:Read More
Members of the FIRE (financial independence/retire early) community might want to sit this one out. It’s going to get rough and I’m naming names!
The concept we now know as the FIRE community has been around for a long time under different names. Frugality and minimalism come to mind. Talking with grandpa they held many of these values 70 plus years ago without a fancy name to make it cool. Many of the personal habits of members of the FIRE community sound very familiar when reading the ancient Stoics: Marcus Aurelius, Seneca, Epictetus.
Guys like Jacob Lund Fisker (Early Retirement Extreme) and J.D. Roth (Get Rich Slowly) put frugality on the map. J.D. made getting out of debt and financially independent cool!Read More
Every writing conference I’ve ever been to has a breakout session titled: PANTSER OR PLOTTER?
Beginning writers flock to these things because they think it’s an important part of the writing process when the question is really a matter of personal work habits.
Many successful writers plant their tail in front of the keyboard and start pounding out copy while others need a detailed plan before the muse flickers to life. Plotters take the risk they’ll plan until infinity before rolling up their sleeves and working; writing from the seat of your pants can lead to rambling pros in need of heavy editing.Read More
It’s been an exciting week in the accounting world. The first full week of the traditional tax season is in the books with nine more left to go. As far as I can tell there have been no casualties.
Your favorite accountant is happy to report this is the smoothest tax season in years in his office. Three or four years ago I met Mr. Money Mustache and he put me on the map (Thank you, Pete!) it created a deluge of demand I was ill prepared to handle. The problem was I had no idea what I was getting into. Those problems seem to be fully resolved.Read More
Recent volatility in the stock market has people reassessing their appetite for risk. Investing in a bull market is easy as it seems the only way equities go is up.
The recent bull market has an added way of lulling people into a false sense of security. Last year many indexes never saw even a 5% pullback even once. Some didn’t see a 3% decline at any point! This is a highly unusual situation confirming for some people the stock market doesn’t test your resolve as often as it does.
In the past week we’ve had a > 5% intraday swing in the market indexes. Many individual stocks had even greater moves!Read More
The Wealthy Accountant gave away money this week! On Wednesday I set the random number generator a spinning and in a nanosecond a subscriber was $100 richer.
Sara N of Buffalo, NY was our winner. I give a choice of a PayPal transfer or an Amazon gift card. Sara asked for the gift card and Amazon emailed the code straight to Sara. Congratulations, Sara! Thank you for subscribing.
If you didn’t win this drawing there are plenty more. The dates and terms are published on the Where Am I calendar. There are two drawings for three winners in February. I never recommend the lottery, but if you get a ticket for free, why not!Read More