Welcome to The Wealthy Accountant

Less Tax — More Wealth

The Wealthy Accountant Excited

LATEST BLOG POSTS

Miss the newest posts?  Here are the last six!

Tony Robbins: Fraud or Hero

There is no surprise around here I am an accountant. Before the dream of accounting set in my dream was to write for a living. My first novel was finished in high school and my second shortly thereafter, neither published. Writing was in my blood. There was only one little problem; writing does not always pay the bills. The internet changed all that.

Starting in the mid 90s a new company showed up making it easier to sell books: Amazon. Behind my office building was a company called Banta, the seventh largest book packager in the country at the time. RR Donnelley bought them out years ago. It was now easy to produce and sell books on Amazon. I jumped on hundreds of radio talk shows to hawk my wares. I wrote about everything that tickled my fancy. And I got my first taste of money from my writing skills (or lack, thereof).

Winners Never Quit

A cold north wind raised goose bumps on my forearms. The year is 1982. I am 18 years old with no idea how I am going to live my life. My dreams are to own a business and make lots of money. You see, my family is very poor. Just money. That is the goal.

The wind gusts, reinforcing the goose flesh. The family farm finished bankruptcy only months before. My whole life plan was over; farming is no longer a viable job opportunity, the only thing I know. Our farm house was a shotgun shack. (A shotgun shack is a building where you could shoot it with a shotgun and the pellets would pass through without hitting the building. The old farm house had plenty of holes.) By some miracle we kept the house and a few acres of land from creditors; the rest was gone.

My dad’s life was over, too. All he knew was farming and now the farm was gone. He started a business repairing silo unloaders. The competition was tough. Life in the 1982 Rust Belt was no fun. Work was scarce; opportunities few. Unemployment reached toward 20% in our local community.

Clothes Drying Racks

Reducing spending is my favorite pastime, more fun than a Pokémon or any other video game. Finding new ways to reduce costs provides me more pleasure than any other activity I engage. I bike to work as often as feasible, blasting my transportation costs to a minimum. Our home hot water is supplied by a geothermal heat pump. In the summer there is no reason to keep the geothermal on except for hot water so we put it on a timer, reducing our electric bill to almost nothing. (We use hot water in the evening to hand wash dishes and wash up after working outside.)

As Seen On