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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 Part-Time Money® 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.

Fortunately Review 2022 | Build a Solid Financial Plan for $5 a Month

I didn't really develop a full-fledged financial plan until I was well into my 30s. I waited too long. Many people avoid getting help with financial planning despite its importance because it seems complicated or overwhelming. This is the issue that "Fortunately," the financial planning software, tries to address. Fortunately is a platform that tries to "keep your financial future on-course, despite life’s unpredictability". … [Read more...]

Avail Review 2022 | Best for New Landlords?

I use Avail to manage my two rental units. Here's my full review... Rental properties are a great passive income source. Not many will disagree with that. Leasing out units is a fairly low-effort side hustle that can scale as you wish. If you’re after passive income, like me, chances are you’ve considered investing in real estate. But not everyone pushes through. Oftentimes, the issue people have with owning rental property … [Read more...]

Neighbor.com App Review for Hosts

Giving every dollar a job and passive income from rent... These are two ideas Neighbor mashes together. The message is simple: use what you already have to your advantage. In the case of Neighbor, it’s giving every space of your home a job. Why? Because as much as compound interests add up over time, wasted and missed opportunities do, too. Neighbor.com lets you maximize opportunity and passive income. It operates in a space … [Read more...]

TurboTax Review 2022 | Still the #1 Tax Software?

In this TurboTax Review you'll see that it is one of the most popular tax preparation software programs out there, and for very good reason. It offers a step-by-step process for preparing your taxes so you can rest assured that every I is dotted, every T is crossed, and every eligible deduction is taken. They take care of yearly tax updates, making sure that their customers comply with the confusing and constantly changing tax … [Read more...]

How to Start a Business with No Money in 2022

Want to improve your finances by adding more income to the mix? Start a business. Here's how to start a business with no money. Maybe you have no money to use for a fledgling business. Do you think you need small business loans to kick things off? BS! Sure, there are some types of businesses where full ownership will be limited if you can't come up with your own capital to fund things (e.g. a franchise). However, plenty of … [Read more...]

Lending Club Tailored Checking Account for Business [2022 Review]

Lending Club isn’t doing peer-to-peer lending anymore, but they are still doing banking. They purchased Radius Bank and have rebranded all of their products. Today we will review their business checking account, the Lending Club Tailored Checking account for business owners. Lending Club Bank's Tailored Checking Account for small business earns just 0.1% interest plus 1% cash back on purchases made on the debit card. To qualify … [Read more...]

How to Buy an NFT [Exactly What I Bought and How]

If you're like me, you spent several months hearing the word NFT (which stands for Non-Fungible Token) and letting it go in one ear and out the other. Nope, not for me. I'm too busy building my businesses and playing golf to be concerned with such nerdiness. Plus, I don't need more stuff in my life. Aren't NFTs just a way to clutter up your digital life? Then I discovered there was an NFT related to golf (my current … [Read more...]

10 Smart Ways to Spend Your Tax Refund

The April tax deadline will be here before you know it. Since you aren't living on this money on a day-to-day basis, this windfall can be used to better your situation.  Your tax refund can be put to good use in reaching your financial goals. Some wise ways to utilize your tax refund include building up your emergency fund, getting out of debt, or saving towards your future. Here are 10 ways to put your tax return to good … [Read more...]

The Best Passive Income Ideas That Actually Work

If you're like me you're always in search of the best passive income ideas. Honestly, though, passive income sounds a little bit like a leprechaun: a mythical creature that provides you with money without you having to work for it. But passive income--otherwise known as residual income or investment income--is the real deal, unlike magical bearded men with pots of gold. I have several passive income streams going on in my own life … [Read more...]

The Best Bill Negotiation Services for Business Owners

Don't want to go through the effort of changing cell phone companies to get a better deal? Still want to save a few bucks? You may want to consider using a bill negotiation service to reduce your business and personal expenses. They'll negotiate your bill for you, saving you hassle and money. Below, we compare a few of the most popular bill negotiation services available today. 1. BillFixers Most bill negotiation services use the same basic business model. … [Read more...]

11 Ways to Make Money With Your Pickup Truck

Before my current businesses took off, I looked everywhere and at anything for the possibility to make extra money on the side. I wanted to be able to pay my debts off faster and save extra money. After I had my kids, I wanted the extra money to set it aside for birthdays, Christmas, and to pay for them to be in lessons and sports. Bottom line: I always had a reason to have a side hustle. I've never owned a truck, but I've … [Read more...]

My Medi-Share Review 2022 | 8 Years of Healthcare Sharing

I've been with Medi-Share for eight years. This is my review of the Christian healthcare sharing program, updated for 2022. I'm currently paying ~$350 per month to cover my family of five. Prior to joining this healthcare expense-sharing community, I was paying a staggering $1,100/month for a health insurance plan through Humana! This is a monthly savings of around $750 per month. That's more than $70,000 in savings over eight … [Read more...]

Best CRMs For Entrepreneurs & Side Hustlers

There’s nothing like the excitement of landing your first client when you start a new business. Once you move from the planning and promoting stages of your venture to actually communicating with clients or customers regularly, you’ll need some tools to keep you on track. Enter CRM platforms. Short for Customer Relationship Management, CRM apps and software help you to stay on top of interactions with clients and potential customers, ultimately building a … [Read more...]

Best Morning Routine For Those With a Side Hustle

Waking up bright, early, and ready to seize the day comes more naturally to some people than others. Whether you rise with the sun or fight to get out of bed, having a solid morning routine is crucial. It’s especially important when you’re a new entrepreneur, building your own business on top of the demands of another job or other responsibilities. A good morning routine can give you the energy, mindset, and momentum you need to be productive throughout the … [Read more...]

10 Steps to Growing Your Side Hustle Faster By Breaking Bad Habits

Some habits are good and easy to enforce, like brushing your teeth or making your bed.  But other habits, like hitting the snooze button and procrastinating on projects, can be detrimental to your well-being and success.  These types of habits can also be really hard to break. When you’re a new entrepreneur building a side venture, squashing bad habits is key to increasing your productivity. If bad habits are bringing down your business and holding … [Read more...]

10 Steps To Building Strong Habits to Grow Your Side Hustle

From the minute your feet hit the floor to when your head hits the pillow, your day is filled with habits. Whether they’re good or bad, our habits run our lives, including our productivity at work. Depending on what your habits look like, they can be the key to your new business’s success or its downfall. For your side hustle and your overall well-being to thrive, you need to form good habits, which can be hard without a game plan. Here are some tips for … [Read more...]

How to Become More Efficient Building Your Side Hustle

Want to see your new side venture succeed? If you’re reading this article, you obviously do. Well, there’s a lot more to your project’s success than offering up quality products or services. At the end of the day, the inner workings of your business are just as important as the work you put out. Even if you’re a … [Read more...]

Here’s How to Create Systems & Processes to Scale Your Side Hustle

When you’re building a new part-time business, it can feel like there aren’t enough hours in the day. Taking your venture to new heights without pouring all your time and resources into it can be challenging if you don’t have the right mindset and procedures in place. To scale your side business, you need to focus on creating systems and processes which increase the reach of your work with as few hours of hands-on effort from you as possible. The tips below will … [Read more...]