I’m such a loser. My whole life has been one failure after another and I’m sick of it. How many times have you felt this way? More than once, I bet. Life, no matter how fortunate, throws periodic curves. This is not a character flaw; it’s life. Hard times define you more than success. Success…Read More
There are times thinking like an accountant determines how much of your hard-earned money you get to keep and how well your investments perform. Money isn’t the only thing accountants think about either. Time is more important than money by a long shot and plays into the equation every time. This past week my oldest…Read More
Hey, everyone! My dad took off for a conference I think he said is called FinCon. That would make me a junior accountant, or, as “dad says”, a junette, since I’m a girl. As luck would have it my dad left his computer on (as if a password would stop me). I’m pretty good at…Read More
I’m proud of what I’ve done to the FIRE (financial independence, retire early) community. Once upon a time Mr. Money Mustache and Early Retirement Extreme dominated the demographic; MMM still does. The shtick of the community focused on the ER part of the equation. FI was a tool to live ER. Guys like Pete at…Read More
This is all a lie; none of it is real. Everything I told you is an untruth, an illusion to get you to do what I want. And even that is an illusion. For nearly two years now people have followed and watched and read this blog. Nobody, until I pointed it out this moment,…Read More
Don’t be alarmed, but The Wealthy Accountant is involved in a class action lawsuit. Mrs. Accountant and I were also dragged into the mess and we couldn’t be happier. Class action lawsuits are everywhere as major corporations find increasingly clever ways to strip hard-earned money from your hide. Enterprising shysters, ah, I mean attorneys are…Read More
1978: It was hot and dry the summer of 1978 in northeast Wisconsin and I hated it. My fourteenth birthday was around the corner and I was recently out of the hospital from heart surgery. The doctor said I needed to sit still as I healed over the next six months and my grandmother did…Read More
Remember all those credit cards you acquired to earn out those bonuses and eventually canceled? You’re going to wish you hadn’t done that.
Credit cards are one of the most powerful wealthy building tools in existence today when used properly. They get a bad rap because irresponsible people rack up massive quantities of high interest debt and spend decades digging out if they ever get out. Still, credit cards can put a lot of ka-ching in your pocket if you understand the rules and never run a balance on the card.
If you are in the accumulation phase of your wealth building cycle, looking for a high income compared to the time invested or love gaming the system (your favorite accountant is guilty as charged), then you need to learn about tradelines.Read More