THE NAKED ACCOUNTANT

Naked Accountant Featured on BrandingBlog Podcast

I was recently the featured guest on Dave Young's BrandingBlog Podcast. Dave interviewed me while he was in town for a meeting. We discussed my upcoming classes at Wizard Academy and also tossed out a few suggestions for protecting yourself from an embezzler.

GETTING A FEDERAL IDENTIFICATION NUMBER FROM THE IRS IS FREE - DON’T PAY A DIME FOR IT!

I recently had to apply for a Federal Identification Number (FIN, TPIN or EIN - they are all the same) from the IRS for my beloved mother-in-law’s estate.  She died in NH on 3/16/11. The family was in grief. When we met with the estate attorney, he indicated that we needed to get a Federal Identification Number from the IRS for her estate since her social security number could no longer be used. Fortunately, I am a tax CPA and am familiar with this process. I know it can be obtained online immediately and it is free. Unfortunately, I was not in my office, had no assistant to help me and did not have my IRS practitioners number that would streamline the process. No big deal. 

I got online and googled ‘Apply for Federal Identification Number from the IRS’ and immediately received several links of services available to assist me with obtaining a FIN for a fee. The first link would get me the FIN the same day for $150. I was stunned. I thought how many people are in our shoes,

TEN STEPS TO FINANCIAL FREEDOM - STEP THREE: DESTINATION

• Step 1 - Wake up
• Step 2 - Starting Point
• Step 3 - Destination

That is a quick overview of the first three steps to the Prosperity Cycle. I previously covered the first two. In my opinion, you are either on the Prosperity Cycle or on the Poverty Cycle. Remember this is no different than planning a trip and following a road map. First you locate where you are on the map then you find your destination.

If you are awake and you have identified your realistic starting point, now it is time to identify or select your goal. At this point it does not matter if your goal seems outrageous or out of reach - no judgement at this point, ok?  Steps 4 and 5 are designed to tighten your goal and let you know how realistic it is.

Try to be as specific as possible. In other words, "I want to be rich" is analogous to saying, "I want to go south" or "I want to go far". 'South' is not a destination and 'far' is not an endpoint. Neither is 'rich' or 'secure'. You need to have clearly defined goals that you can measure and tell whether or not you have achieved them.

Do you believe that human intention can actually alter reality. Having a clearly defined goal is imperative and indispensable for success. The vast majority of experimental and theoretical physicists even believe now that when a decision is made, such as deciding on a financial goal, the entire universe splits and a new universe is born. What is fascinating and practical to know is that this new world you create with your consciously planned intentions may have different laws and rules. What seems impossible in your current reality may be a given in the new reality. Here's the coolest part:  it takes just a tiny, tiny shift in perception to create a huge result. What you focus on expands and what you take your attention off of wilts. If you think about it, you may be able to relate this to your own personal experience.

You can start right now, today, by creating or changing your destination. Pin it down. It is your life. You will no longer be waiting passively for someone or something else to decide where you are going, where your endpoint will be. You will be relieved, I promise. 

DON'T LEAVE YOURSELF NAKED TO THE POVERTY CYCLE!!  

 

TEN STEPS TO FINANCIAL FREEDOM - STEP ONE

STEP ONE -  WAKE UP!

Your dreams can’t come true until you wake up! But first you gotta jump off the “Poverty Cycle” cliff!

Here's an example of what it looks like. Not so bad, huh? (yup, that's me, the Naked Accountant!).

What does “wake up” mean to you? This is what it means to me: Get conscious, deal with reality, play the cards in your hand not pretend cards. Life is not a Texas Hold’em.

How do you know if you are financially asleep? Here is one example:  you go on automatic pilot and buy something to medicate the negative feelings then later

TEN STEPS TO FINANCIAL FREEDOM - STEP TWO

THE NAKED ACCOUNTANT'S PROSPERITY CYCLE

Step Two - Starting Point

Do you have a financial road map? Consider this metaphor - If you are planning a cross-country trip, you'll most likely need a road map. The first thing you will probably do is locate where you are on the map - your starting point. if you live in San Diego, California and you are going to Richmond, Virginia, you are not going to start in New Orleans, Louisiana. You can indeed locate and trace

TEN STEPS TO FINANCIAL FREEDOM - STEP ONE

THE NAKED ACCOUNTANTS "PROSPERITY CYCLE"

STEP 1 - WAKE UP!!

Your dreams can't come true unless you wake up. Right?

 What does "wake up" mean to you? This is what it means to me:  get conscious,

$$ ASK THE NAKED ACCOUNTANT $$

Dear Naked Accountant: I recently tried to get a car loan and was told my credit was poor. I can’t imagine why. What can I do?

Perplexed and in need of Wheels

Dear Wheels:  There are three major credit bureaus that report your credit and calculate your credit..

 

$$ ASK THE NAKED ACCOUNTANT $$

HERE IS WHAT THE NAKED ACCOUNTANT DOES: 

Dear Naked Accountant:

This is really bugging me. I recently bought a Toyota and had to get a loan at the bank to pay for it.They asked me if I wanted an “amortization table” to keep up with my scheduledmonthly payments.  I told them yes although I have no

Dear Naked Accountant:

$$ ASK THE NAKED ACCOUNTANT $$

This is what The Naked Accountant Does:  http://www.youtube.com/watch?v=4eS9Ui-9K6c

Dear Naked Accountant:

Someone told me that I didn’t really need to pay income taxes…that it is a voluntary system. If it is a voluntary system, why the...

ASK THE NAKED ACCOUNTANT...

http://www.youtube.com/watch?v=4eS9Ui-9K6c

 

Send $$ questions and I'll answer them...please don't be shy....

 

Dear Naked Accountant,

I am 25 years old, just graduated from UT, have a decent job & want to avoid stupid financial mistakes.  Can you offer any