Tag

optimist

Lifestyle

Camp Mustache IV Roundup (Seattle)

The view from the top of Mt. Si.

There has never been a conference I didn’t learn something from. Camp Mustache IV in Seattle this past weekend was the best ever for learning. Others may have had a different experience. Where you are on your journey determines how valuable a conference like Camp Mustache is.

Two years ago I attended my first ever Camp Mustache. My goals were simple. I wanted to meet Pete, Mr. Money Mustache himself, and make a business proposition. It went better than expected which is why I am here and you are reading this.

Unfortunately, my mind was on business so I missed most learning opportunities save one: humility. I went into Camp overconfident in my abilities and had no clue how smart Mustachians are. My thought was to offer my services in a breakout session on taxes. This was the highlight of my first Camp Mustache. I achieved something I hadn’t planned on and it was a whopper. Mr. Money Mustache was now my client! How awesome is that?

Later I carried out my original goal and shared the business proposition with MMM. He didn’t care enough for the idea to take it on, but graciously offered to promote the idea on his site for me. Once again, how cool is that?




Continue reading

Related posts
Manufactured Spending Without the Factory
June 14, 2017
New Tax Law Changes Dangerous to Your Wealth
June 7, 2017
Embrace Failure
June 5, 2017
Lifestyle

Losing Touch with Reality

Just when you find someone really good word gets out and they get busy/popular/semi-famous or some other bullshit. A great tax guy stops taking new clients and is slow as hell because he has too much work to do. An awesome blogger is discovered by the world at large and is inundated with requests until she burns out. The story is repeated again and again. They get good, then discovered and then wore out.

The worst part is what fame and fortune does to these people. They lose touch with reality as the world builds a wall around them, built with bricks made from the flesh of living and breathing human beings. They get callous because it becomes impossible to respond to every request, none the less, honor the request.

Or maybe it isn’t them. It could be you! Maybe these people are seeing the world for what it really is for the first time. Maybe they have always had a firm grasp of reality. It might explain why they are where they are and why you are where you are. Think about it.




Continue reading

Related posts
Manufactured Spending Without the Factory
June 14, 2017
Maximizing Retirement Investments with Multiple Plans
June 9, 2017
New Tax Law Changes Dangerous to Your Wealth
June 7, 2017
Early Retirement, Frugal Living, Lifestyle, Small Business

The Dangers of a Side Gig

Tax season is officially over and not a moment too soon. As much as I love the work, when months go by without a day off it begins to wear on me. The worst part is the sitting. Too many hours planted in a chair coupled with sleep deprivation and health is not getting the attention it needs.

Loving something as much as I love tax work is also a challenge for people around me. Mrs. Accountant is an angel, allowing me the opportunity every year to disappear for months to help complete strangers and semi-strangers with their tax, accounting and financial problems. My daughters have learned from an early age dad is a very intense man when it comes to his work.

Work has never been a four letter word for me. (Considering my profession you would think I could count to four better.) Growing up on a farm meant everything was work, but not work. Running to the creek to fish was something you did. Planting in spring was fun, not really work. Harvesting was an addiction; sleep was hard to achieve until the crops were off the field. I know of no greater pleasure than watching a barn filled with bales of hay, placed there by my own hands. There is no greater thrill than to see the milk cooler fill each day to the rim. A full bulk tank meant money, and therefore, life. It was a good life and I had no idea what the real world was like outside my vision horizon.




Continue reading

Related posts
Buy A Car at an Awesome Price (From the Dealer)!
June 17, 2017
Manufactured Spending Without the Factory
June 14, 2017
Get There Before You Arrive
June 12, 2017
Lifestyle

The Government Paid Me a Visit




Teat cups hurt like hell when hit by one, or seven.

I knew this day was coming. I did my best to hide it from you, dear readers. The government has had it in for me for decades. They tolerated my antics as a small town accountant, but now, with a blog growing in popularity, their patience has reached an end.

In the past I was given subtle warnings. Yesterday, and now this morning, the warning were not so subtle. It really isn’t that bad. They offered me the job on a regular basis in the past. The rules are simple: no more blogging; no more tax office. You work for us now.

My heart is heavy. After serious consideration I am accepting their offer. The pay is a solid six figures and all I have to do is spread misinformation getting taxpayers to overpay their taxes, thereby giving the government more control and power. For decades I have been the solution, now I have joined the problem.

Don’t hate me! They are very persuasive. Very persuasive. They sent seven dudes, I mean really big guys, to help me in my decision. They took me into the back room at my office. Even Karen, my Puerto Rican office manager, couldn’t stop them! The government guys had rubber hoses. Well, actually, they had teat cups. I included a picture so you guys know what a teat cup is. Only a farm boy can understand how much a teat cup hurts when you get hit by one.

I was dancing on my tippy-toes and squealing like a girl getting asked to the prom. It was not pretty. That six figure paycheck with a full line of benefits started looking mighty tempting after three hours of teat cup treatment. All I had to do was throw you guys under the bus. Hell, after three hours I volunteered to drive the bus. A few solid contacts from a teat cup on the back of the leg and you would modify your thinking too.

So there you have it folks. I sold my practice for a reasonable price. (The seven government goons are standing over me with teat cups ready as I write.) I work for the other side now. Disregard all the stuff I told you about reducing your taxes. It was all a lie. A good, God-fearing American is always willing to pay extra taxes to protect the freedoms we hold so dear.

The next time you see me at a conference, remember, I am a plant from the other side, there to gather information to get more money from you to the government. Never mind the steroid monster men holding teat cups by the doorway. They are there to help me do my job.

And the welts? Sure, teat cups leave serious welts, but they heal nicely. And while they are healing I have a nice reminder of the job I need to do now.

Before I leave, please check the date on this post. Have a pleasant April Fool’s Day. I knew you guys didn’t believe it once I said Karen couldn’t stop seven government goons. If that were to really happen, Karen would fuck those boys up good.

Related posts
New Tax Law Changes Dangerous to Your Wealth
June 7, 2017
Embrace Failure
June 5, 2017
You’re Using the Wrong Definition for Retirement
June 2, 2017
Lifestyle, Small Business, Taxes and Investing

Why Trade Wars Never Work

An old nemesis has returned to the United States and other nations around the planet: protectionism. These leaders, and the voters who bought their snake oil, falsely believe protecting their borders by building walls, taxing imports, claiming currency manipulation and threatening to dissolve trade agreements will bring jobs back home. They’re wrong.

What these well-intentioned people forget are the lessons of history. They forget about The Tariff Act of 1930, also known as the Smoot-Hawley Tariff, the one piece of legislation that hastened, accelerated and prolonged The Great Depression. People forget about the jobs created that did not exist before due to current trade agreements and the lower prices consumers paid for goods and services.

The misguided perception that jobs will be created for nations with trade deficits by preventing trade does not work. And we are dangerously close to poking the sleeping giant again. Once a trade war begins it is hard to stop the cascading effects. The damage is swift and painful with few options available less painful. Best to leave the sleeping beast where she is. But politicians sometimes have an agenda we all pay the price for.

But why do trade barriers cause job loss? If the U.S. has a massive trade imbalance, curtailing imports should bring the jobs home to create those products, right? It’s not that simple. Today we will explore why curtailing trade destroys jobs in all countries involved. Open trade is beneficial to everyone.




Continue reading

Related posts
$10 Million Isn’t What it Used to Be
June 19, 2017
Maximizing Retirement Investments with Multiple Plans
June 9, 2017
You’re Using the Wrong Definition for Retirement
June 2, 2017
Lifestyle

An Open Letter to My Children

Normally when a parent leaves a letter to his children the doors and windows are closed. However, when your dad is a business owner and somewhat known due to decades of publishing, the public will want to look in the window. Regardless, this letter is for you girls and no one else.

My fondest hope is you will print and carry this letter with you. There are many things I want to share with you about life. I know it looks daunting and impossible at times, but it isn’t that bad. During those darkest hours, hours when you doubt your own judgment, you can reference this letter and know that your father has felt this way many times in his life. Watching me over the years you probably think it comes easy for me. It doesn’t. I fight as hard as or harder than the next guy to achieve goals.

The same applies for those moments of excessive glee. Honing the highs and lows is an important part of living a joyful life. Always keep an optimistic attitude. Regardless the situation, it helps. Things are never as bad as they seem and rarely perfect either. Life is in the middle.

Life is a journey best taken at a gentle pace. Don’t rush! Goals are fine as long as there is more. The only real goal life offers is death and you will get that right the first time, same as everyone else. What matters is what you do now, at this very moment. Yesterday is a memory; tomorrow a dream. All that is real, all that matters is this moment in time. The universe is not 13.7 billion years old. It is one moment only. This moment. The one you live in.





Continue reading

Related posts
Buy A Car at an Awesome Price (From the Dealer)!
June 17, 2017
Manufactured Spending Without the Factory
June 14, 2017
Get There Before You Arrive
June 12, 2017
Lifestyle

Watch the News Right or Turn it Off




News over the years has deteriorated into biased reporting, slanted by political opinion. Finding quality news to form your own opinion is nearly impossible to find. Yet, without good information you can’t make informed decisions in your investing, business or personal life.

As bad as it is, there are ways to still get quality news reports. It requires effort to sift through the garbage to find facts you can use to improve your business and personal life. The BBC, The Economist, and National Public Radio still provide solid reporting with a minimal of political bias. Fox News is not news, except for those rare occasions when they report an event they have not had time to work a political angle on yet. CNN is somewhat better, but still contains plenty of bias.

Before you blame to broadcasters and the internet news feeds, remember, we are the ones feeding the beast. By consuming meaningless opinion pieces we encourage more of the same production. Our own personal biases will determine if we love Fox News or hate it. I don’t care for Fox News for a completely different reason I will share shortly.

Polarization and populism has taken over. People only want to hear what they want to hear. News no longer informs with facts; it reinforces already existing personal biases. It caters to base emotions like anger and hate. And let’s not pick on Fox News alone. I don’t watch TV so unless I am visiting family or in an airport, I don’t get much TV news indoctrination. I prefer internet news feeds. CNBC provides business news, The Economist provides a wide variety of news from around the world, and gasp, I also tend to sift through the dung pile of Yahoo’s news feed.Continue reading

Related posts
Buy A Car at an Awesome Price (From the Dealer)!
June 17, 2017
Manufactured Spending Without the Factory
June 14, 2017
Get There Before You Arrive
June 12, 2017
Lifestyle

Tricks to Beat Procrastination

img_20161221_091909I’ve been putting off this post for a while. Now is as good a time as any to get it done.

Now that I got the obvious joke out of the way it is time we discuss a serious issue facing us all: procrastination. When we least need it, our desire to finish, or even start, a task is put off. There are a variety of reasons for procrastination. The job might be distasteful, it might be a large project, or you might not fully understand the task.

Fear keeps us from acting. We all have had experiences where we put something off and put it off and put it off, only later to find out, once we started, the project wasn’t that bad after all. Many times procrastination begins when we are mentally overwhelmed by the task. Either your to-do list is longer than Santa’s on Christmas Eve or you started a task and hit a road block. Once that dreaded file is put to the side it is in a kind of purgatory. Starting again is almost impossible.

There are various tricks I use to get massive amounts of work out the door. Rather than focus on different scenarios, I will hone in on issues surrounding my office work. We will deal with email, phone calls, social media, and tax returns. Think of my stack of tax returns as the pile of work in your office or the long to-do list at home.


Continue reading

Related posts
Buy A Car at an Awesome Price (From the Dealer)!
June 17, 2017
Get There Before You Arrive
June 12, 2017
New Tax Law Changes Dangerous to Your Wealth
June 7, 2017