Gone are the days of lifetime careers. Today we think of multiple income streams as our safety net. Job security is an illusion. Accountants become farmers or bloggers on the side; plumbers become landlords; police officers offer fitness training on the weekend. Today we live in the world of slash careers.
Empowerment comes from educating ourselves in multiple disciplines. The accountant/blogger brings experience from the slash career back to her office providing clients with a better understanding of their personal tax and accounting needs.
So what is a slash? A slash is a professional person with mixed identity. Therefore, the professional can be an accountant slash blogger. People cannot settle on a single career path as safety nets disappear. Families cannot count on the government as their sole source of survival when things head south. The new paradigm has created mixed professionals with skills and experience crossing professional fields. Sometimes there is a correlation between the professions, but it is not necessary.Read More
The world looks different from my side of the desk. Three decades working with clients dreaming of retirement and the good life has revealed things you can’t fully understand unless you see it with your own eyes. We hear crazy talk like 70 is the new 50, indicating people at age 70 are as active as people once were at 50. Bullshit! I would be happy as hell if I could pry some people’s asses off the couch for more than a trip to the fridge at age 20. The noises they make is a tell; they are ready for the nursing home by 30. But I digress.Read More
You did everything right. You found a job you enjoyed, saved half your income, maxed out your retirement plans, and built a nice nest egg. You are well on your way to financial independence. Then the inevitable happens. The economy slows or the boss retires or the company downsizes and you are unemployed. The nest egg you built is now providing a cushion to live, but you are no longer running towards financial independence. Your day of early retirement is slowly slipping into the future.Read More
Everything I am I owe to the world and people around me. Motivation and inspiration are the necessary ingredients to build the person you want to be. Reading good books every day is a must; listening to awesome people share their story is a must; learning every day is a must. Today I want to share part of my personal life. From a young age I started listening to Zig Ziglar; I have a picture on my wall at the office with Zig and I shaking hands. It was a highlight of my young life. Later I immersed myself in Tony Robbins. The internet, especially YouTube, allowed me to listen to massive numbers of happy, successful, achievers on a regular basis. Today I will share some of those videos I start and end my day with.Read More
From an early age I practiced picking out conversations from a crowd. It’s a neat little trick for a business owner to have. When you think I cannot hear you I may actually be listening in closely. Conversation in a crowded room takes skill with multiple conversations amped in volume so you can be heard over the cacophony. Picking out a select voice from across the room takes a lot of practice.Read More
Some of the largest companies in the world did not exist a few decades ago. Amazon, Apple, and Microsoft are only a few of the organizations with massive market share, Microsoft and Apple with humble beginnings in the 1970s and Amazon gaining life in the 1990s. Each is a leader in their industry. It is hard to imagine the world without the retailing genius of Jeff Bezos. The way we shop, work, play, invest, read, and think have all been radically altered in the last few years by companies with vision. And a secret weapon to put them in front and keep them there.Read More
There should be no battle between good and bad debt. Debt is not good or bad in and of itself. Debt is a tool that can be used to simplify personal and business finances or can be used with reckless abandon. The internet is filled with advice on debt. In one corner is Dave Ramsey and his ilk claiming all debt is bad and should be avoided at all cost. In the other corner is Donald Trump and his “There is never too much debt” mantra. Only rarely is someone smart enough to discern between the two camps and provide appropriate advice on debt. Today your friendly Wealthy Accountant will be said smarty-pants.Read More
Financial independence means you can indulge your dreams. By 1995 I had reached a level of net worth where I could realize many of my dreams. Coming from an agricultural background I wanted to move back to the country and have a small farm. Ten acres with a house and barn came up for sale a mile from where I grew up. My dream was now owned.
In 1982 the family farm went through a wrenching bankruptcy. I was eighteen and had no future. Everything I knew related to farming. The pain etched a deep wound in my psyche that never went away. My desire to live in the country was not the whole dream. I had to own a small farm. In my mind I had to understand why the family farm died when I was at such an impressionable age.Read More