About Philip Taylor, CPA

Philip Taylor, aka "PT", is a CPA, blogger, podcaster, husband, and father of three. PT is also the founder and CEO of the personal finance industry conference and trade show, FinCon. He created this website back in 2007 to share his advice on money, hold himself accountable (while paying off over $75k in debt), and to meet others passionate about moving toward financial independence. He uses Personal Capital to track his wealth. All the content on this blog is original and created or edited by PT.

5 Tips for Making Extra Money

Are you always wishing you could find a way to make extra money? When your budget is tight, and it's harder to stretch just for essentials, making extra money can feel like a pipe dream. Where do you find the time and opportunity? Seriously, how can you really go about making extra money? A lot of people would say "Get a second job"--but that means more hours away from your family and hobbies, and besides, it can be hard if your … [Read more...]

How to Find Virtual Assistant Jobs You Can Do From Home

If you're a good fit for the work style, and know where to find the best jobs, being a virtual assistant has plenty of benefits, including great pay. There are now more than 4 million administrative assistants in the U.S. according to the Bureau of Labor Statistics. Many of those are now virtual assistants at home. The outlook is good for the profession and the barrier to entry is low. A virtual assistant typically works … [Read more...]

18 Frugal Living Tips Plus How to Beat Frugality Fatigue

It's important to live a frugal life. Why? Because we can always find a way to spend the money we earn or save. Unless we make a lifestyle change and start implementing some frugal living tips we are ultimately going to miss the mark. Remember, Michael Jackson? The poor guy owned the Beatles' collection and still had financial trouble. Living frugally means making intentional choices with your everyday spending. Decide your own … [Read more...]

Teaching Kids About Money [The Complete Guide]

If you're like me, you want to teach your kids about money so that they can create a life of freedom and independence for themselves. Maybe you struggled with money a bit when you were younger, like me, and you don't want them to have to go through the same problems (credit card debt, not getting ahead, etc.). Here's the thing. You have the ability to help your kids succeed. By learning about money yourself, you're giving your … [Read more...]

What You Can Expect from a Financial Planner [Plus How Much They Cost]

The world of investing and financial planning can be confusing. If you've heard about certified financial advisors, you may be wondering exactly what do they do and whether or not you need one. Even as a CPA myself, I've found this world a bit confusing. But I spoke with some friends who are advisors, did my own research with an advisor session, and I'm here to share what I learned with you. A financial planner can do anything … [Read more...]

Should You Participate in Your Company’s Employee Stock Purchase Plan?

A few years ago I was given the opportunity to participate in my company's employee stock purchase plan (ESPP). After some research, I discovered these plans can be a huge benefit if you do them right. Most people who have access to an Employee Stock Purchase Plan should definitely use it, max it out, and flip it immediately. Doing so will almost guarantee an almost 30% annual return on your money. Are you considering your … [Read more...]

The Complete Guide to 529 College Savings Plans

  Have you been thinking about saving for your child's future college expenses? Are you curious if you should get started with a 529 college savings plan? It took me three years from the time I started thinking about setting up a 529 college savings plan to actually open one up. It's one of those big financial check-offs that just seems to elude us...till it's too late. If you're like me, you're probably wrestling with … [Read more...]

Should You Payoff Your Mortgage Early? Yep! Here Are 6 Strategies to Pull It Off!

My wife and I are 38 and 43, respectively, and we just paid off our home mortgage - a home we purchased seven years ago. It feels great to own our home outright and not have the risk of that big debt in our life. Making the decision to pay off our mortgage early is a decision we’ve gone back and forth on. We’ve wrestled with it. But, ultimately, our financial successes and inertia pushed us to go forward with the payoff. If … [Read more...]

How to Make Money Blogging [8 Important Questions Answered]

Instead of an actual interview with someone else today, I thought I'd share a bit of my own knowledge about making extra money from blogging. Blogging can be a great way to make money on the side. It’s a perfect side hustle because it’s flexible and doesn’t require much in terms of start-up costs. You can earn money through affiliate partnerships, sponsored posts, and display ads. Once you get the hang of building a successful blog, … [Read more...]

7 Things We Did to Grow Our Small Business from $89,000 to $524,000 in 5 Years (Without Investors or Paid Marketing)

In 2011, my conference business had a total revenue of $89,000 (see my first profit and loss statement here). By 2015, just five years later, the revenue had grown to $524,000. The team and I did this without receiving investment money, without taking a loan, and without spending money on marketing. We've no doubt benefited from an expanding market (more bloggers, podcasters, etc) and a rising economy (affecting our exhibitor … [Read more...]

40 Summer Jobs for Teens and College Students [Plus What to do with the Money]

Do you (or your teen) have a job for summer yet? Getting a job is the perfect use of all that extra time in the summer. Whether you're in high school or college, you can make some extra money and still have time for family, friends, vacations, and just relaxing.  Here are some common summer job opportunities for teenagers and college students to make extra money. I loved most of my summer jobs. Each brought me a different … [Read more...]

The Modern Day Handyman: Get Your Smart Home Devices Installed (Puls Review)

  This post is brought to you by Puls. While this is a sponsored post, all content and opinions expressed here are my own. I recently purchased a Ring doorbell--you know, the doorbell with a camera and speaker tied to your home WiFi--to replace my old, standard doorbell. I was excited about experiencing the benefits of the new gadget, but not so excited about installing the doorbell itself. I’ve got a long list of honey … [Read more...]