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!

My Allergic Reaction to Commercial Media

Cable TV arrived late at my household and left early. Back in the 80s and early 90s we only had local channels available over the airwaves. As the year 2000 approached I broke down and allowed cable TV to enter my home. It was a disaster. I could not believe I was paying for something that was mostly ads to get me to waste even more money. A few years later the fix was in; cable was on the way out.

My greatest concern was my family. Mrs. Accountant and the girls liked a few shows on the glass teat (reference The Glass Teat by: Harlan Ellison). I had to devise a way to cut the cord without making it look like I was cutting the cord. My idea was to convince my family we were only temporarily suspending the DirecTV account for six months as an experiment. To my surprise nobody was bothered by my idea.

Life is a Joke, Then it is Over

A thought experiment: Why do you want money? What drives you to attain financial independence? Why is retirement such a powerful draw? Think about these questions before you read on. I want you to really understand why you do the things you do when it comes to money. Think about what money does for you.

Readers here already understand they don’t want the headline. Money, in and of itself, is worthless. It is paper with inked pictures of deceased individuals. So what. But money also symbolizes something. Money is how we trade value when we are not bartering. Because money is a store of value until needed, we can do things with money impossible with barter. Money can earn a profit. I guess you could barter for seeds. Then you could create some of the characteristics of money if you farm. Still, money is a tool, nothing more.

Addiction: The Killer of Financial Independence

A cold summer wind is blowing out of the east this morning as the horizon brightens with twilight. Mrs. Accountant steps beside me and places her hand on the inside of my elbow. I bring my steaming mug of coffee to my lips, anticipating the scalding bitter liquid. I swallow. Heat radiates from my core. I take a deep breath and release it slowly. I am contemplating one of the most destructive forces to financial independence, a force that can strike anyone or any family at any time. The killer is silent. It sneaks up so quiet no one ever sees it coming. And for those unlucky few, it destroys all they hold most dear.

As Seen On