About Philip Taylor

Philip Taylor, aka "PT", is a former practicing CPA, blogger, podcaster, husband, and father of three. PT is also the founder and CEO of FinCon, the conference and community dedicated to helping other financial influencers and brands. He created this website back in 2007 to share his thoughts on money, hold himself accountable, and to meet others passionate about moving toward financial independence.

PT uses Personal Capital to keep track of his financial life. This free software allows him to review his net worth regularly, analyze his investments, and make decisions about his financial future.

PT keeps a portion of his emergency fund in Betterment, the automatic investing tool that makes investing super simple. Betterment focuses on what matters most: savings rate, time in the market, investing costs, and taxes. PT recommends this service to anyone looking to get started investing for themselves.

All the content on this blog is original and created or edited by PT.

How I’m Using the QSEHRA [Managed by Take Command Health] to Deduct My Employees’ Healthcare Benefit

In this article, I’ll share how I set up a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) to deduct the healthcare expense reimbursement benefit I offer my three full-time employees. In short, this is how I help my team with their health care needs (and get a tax deduction for it) without having to buy […]

Beam (beta) Review: Is 4% Savings in a Gamified Banking App For Real?

I’ve been using since April 25th, 2018 and I can report that yes, as part of the beta test they did pay a nice baseline 2% APY on up to $15,000. That’s a top-tier rate as of June 2018, even if you compare it to other high-interest online accounts. I felt comfortable with my money […]

How to Organize Your Credit Cards and Conduct a Full Card Audit With This Simple Tracking Spreadsheet

If you’re like me, you’ve dabbled into the award travel game and found yourself with a wallet – or a desk drawer – full of credit cards; many of which you aren’t using anymore. This might have left you feeling disorganized, uneasy, and worried about making a mistake. If you’re not careful, you could end […]

Buying a House will Slow Down Your Path to Financial Independence (But You Should Do it Anyway)

TLDR: buying a house isn’t the best way to build wealth – the stock market is better – but buying a home is still a great idea if you do it right. Buying a House is Still Part of Our “American Dream” Despite the buzz about renting being the new hottie, buying a home is […]

The 4 Big Reasons Why We’re Fixing Our Finances and Pursuing Financial Independence

In the marketing industry people often talk about selling the benefits (“hey, look how this thing can change your life”) vs the features (“hey, look at this thing with all the bells and whistles – here’s how to use it”). I’ve always been more of a features guy myself. I want to know the steps […]

Important Tax Law Changes You Need to Know [ Updated for 2018]

Getting psyched to do your taxes? I suppose if you’re expecting a refund you might be. Or if you’re kind of a tax nerd like me, you might take some pleasure in breaking down the tables and watching the software do its thing. Or you might be interested to see how the recent Tax Cuts […]

Experian IdentityWorksSM Review: [FREE TRIAL] ID Theft Protection Plus Credit Reporting

**This article contains sponsored advertising content. About IdentityWorksSM In 2016 alone, more than 15.4 million consumers in the United States were victims of identity theft with more than 16 billion dollars stolen. With online shopping and credit card usage skyrocketing, it is not surprising that identity theft hit an all time high in 2016. Recognizing […]

How to Track Your Net Worth [+ My Net Worth]

You’re probably reading this site because you want to see your financial life improve? Maybe move toward financial independence? Good on you, my friend! A great way to get better at something is to start tracking it. Let’s talk about measuring and tracking your net worth. Simply put, your personal net worth is equal to […]

052: Master Your Money with PT

I can safely say that this episode of the podcast is unlike any other I’ve done. If you’ve listened to at least one other episode, you know that I interview someone new every week and find out all about when they decided to become a master of their money, what tools they use to manage […]

10 Ways to Give More to Charity in 2018

Ever heard of the “James Bond of philanthropy,” otherwise known as Chuck Feeney? He made it his life’s mission to give away his entire $7.5 billion fortune while he was still living. At the end of 2016 he gave away his last $7 million to Cornell University, leaving him only $2 million to live on […]

52 Week Money Challenge [New Printable for 2018]

So you want to save more money? It’s as good a day as any to get started saving more. Today I thought I’d share my thoughts on the 52 week money challenge and see how many of you would do something like this. How the 52 Week Money Challenge Works – Download the Printable The […]

The Important Things We’re Saving For (Our Savings Goals for 2018)

Each year I take a moment to consider my annual savings goals: retirement, emergency, short-term, etc. What do I want to get done with my savings in 2018 to feel like I made a solid push towards my plan for financial independence? Let’s take a look. I’m a believer in being intentional and putting carrots […]