About Philip Taylor

Philip Taylor, aka "PT", is a husband and father of two. He created PT Money back in 2007 to share his thoughts on money and to meet others passionate about managing their finances. All the content on this blog is original, and created or edited by PT. Read more about Philip Taylor, and be sure to connect with him on Twitter, Facebook, or view the Philip Taylor+ Google profile.

Small Business Finances: The Key Financial Pillars of Building a Start-Up

Pillars of Small Business Finances

Here’s a note from a reader: “…thank you for the information you provided on Entrepreneurship on Fire. I was deeply encouraged and felt led to contact you. I am a 24 year old entrepreneur, economics and finance major, former athlete. Recently I quit my IT sales job to focus on my a project I have […]

Don’t be a Fool: Setup a Fee-Free Financial System

Foolish Financial Fees

Did you get fooled this April Fool’s day? If you did, now is your chance to redeem yourself. Today I’m going to show you how to set up a fee-free financial system. Getting dinged with an unexpected fee can make you feel like a fool. And paying for something when there’s an equal and free […]

Free Online Checking Accounts – Updated 2014

Free Online Checking Accounts

Checking should be free. Don’t you agree? I say don’t pay a monthly fee for a checking account unless you absolutely have to. After all, you’re loaning them your money. All they’re giving you is a debit card, some checks, and a few monthly transactions with a teller. There’s four different ways to go about […]

Not a Travel Hacker? Vacation Where and When Your Dollar Goes the Furthest

PT Money at the Taj Mahal

Do you love to travel? I do. I’ve had the luxury of traveling a lot in my former work career. I really enjoyed getting to see the world on someone else’s dime. Now that I’ve changed career paths, I don’t get that benefit. I’ve recently jumped head first into the travel hacking scene. But I […]

Fake ATM Robbery Gone Wrong, Plus Card and ATM Safety Tips

ATM Robbery Prank

Did you catch this ATM robbery prank-gone-wrong over the weekend? A group of young Australian guys calling themselves Reckless Youth on their YouTube channel filmed themselves faking ATM robberies. Innocent bystanders quickly run to the aid of the “victim”, and in the prank’s final round, the prankster thief gets a new nose job (not for […]

Traditional and Roth IRA Contribution Limits for 2014

traditional roth ira contribution limits

The 2014 IRA contribution limits remained stagnant from last year to this year. Traditional IRA and Roth IRA These Individual Retirement Arrangements or Accounts (IRAs) were created to provide a tax incentive to save for your own retirement. They are both excellent tools to help you in your efforts to secure a comfortable retirement. I have […]

Signal Speculator Portfolio Update (-0.7%) ADEP Flatlines [Grow Your Dough Throwdown Part 2]

ADEP Part 2

Well, two months have come and gone and I haven’t made a dime in my attempt at stock speculation. Cue the sad piano. I’ve been participating in the Grow Your Dough Throwdown with some other bloggers. Read Part 1. This contest has us each investing in the assets of our choice (stocks, funds, gold, businesses, […]

10 Commonly Overlooked Tax Deductions for 2014

Tax Deductions

Are you doing your own taxes this year?  Do you review your tax return even if you have it prepared by a CPA, friend, TaxACT or H&R Block? Probably not a bad idea to give it a once over. If you do, consider some of these tax deductions (as noted by Kiplinger.com) and make sure you […]

130,000 Points for the Win: Results of My Second Credit Card App Party

Second App Party - Valley Forge

When the new year rolled around and my reward point balances started to dwindle I knew it was time to once again think about doing a credit card app party (see the results of year one). An app (application) party is when you sign up with several credit cards all at once to maximize your […]

3 Ways To File Your Taxes For FREE

File Your Taxes for Free

It’s tax time!  You should have received your W2s by now so you should be ready to file your taxes.  April 15th, the last day to file taxes this year, will be here before you know it. So get going.  Luckily, if you meet certain criteria, you may just be able to file your federal […]

Don’t Forget to Max Out Your Health Savings Account: Annual HSA Contribution Limits

Health Savings Account Medical Symbol

I’ll be writing a couple of checks out in the next few weeks to my credit union.  This will bring our HSA contributions for last year and this year up to the maximum limits for each year.  The process is pretty painless (good people at that credit union), and I know I’ll leave with a […]

Our Recent Points Trip “Babycation” to Tucson’s J.W. Marriott Starr Pass Resort

Tucson Starr Pass Resort

Mrs. PT does a fantastic job taking care of our family – the two girls and I – day in and day out. Since we’re about to bring a new member of the family into the world, we figured it was time for a babymoon getaway (i.e. a little pre-”babycation”). Or, as Mrs. PT and […]