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The Cost of Yes

At one time or another everyone has experienced the desire to do more things that interest them. It might be traveling the world or trying multiple sports or musical instruments. A few people, prodigies, manage to conquer several musical instruments at once.

In business we see Elon Musk tackling business after business with endless energy. Small business owners are lulled into a false sense of ability when they try to multitask at the same level.

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Secret Messages

Sometimes accounting can be a downright boring subject. It is the job of your favorite accountant to spice it up a bit with stories and jokes so the message resonates and therefore gets through. No matter how brilliant my idea to increase wealth or lower taxes, it is worth nothing if I can’t keep you reading to the end.

Many people find blogs like this by accident. The people hunting for blogs like this already are open to the concepts. Not so the wayward traveler finding her way here from search engines. I write for the choir, but always consider the wayward, too.

I use stories to convey the message. Money is fun to read about and have. To keep readers engaged I impose secret formulas to keep them coming back. It’s almost like a sickness the reader can’t quite put her finger on. How come I am so draw to this blog about (egads!) accounting, saving money, investing and retirement? the wayward soul asks.

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Take a Selective Vacation to Maximize Productivity

The past year has been the most brutal of my career. What started out as a good idea has cascaded into a challenge I am still working the details out on. Challenges excite me, but this one showed up unannounced.

Back in the day when I was building my practice I didn’t work that many hours because it was a seasonal business and I saw no need to bust my tail for “a few more dollars”. (A good movie, by the way.) My strategy was simple; always do better than the year before. As the years accumulate, beating last year required more work. It wasn’t money; it was pride.

Eventually I was working way more than I wanted to, so I cut back dramatically and seriously considered selling my practice and living a “real” retirement. The reduced hours and the return to a normal lifestyle (for me) put the “selling the business” idea on the back burner.

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Obituary: Keith Schroeder Passed Away Saturday Night

Keith Schroeder passed away early Saturday evening after a short battle with illness. He is survived by his wife, two daughters, parents, and brother.

Keith complained of a headache Wednesday. He used over the counter medications with no improvement. On Thursday he visited his doctor who prescribed stronger pain killers. It was determined the headache was due to the change of seasons and allergies. The medication improved Keith’s condition until Saturday morning when the pain returned and was unbearable. He was rushed to the hospital over concern an aneurism was about to burst.

Prior to surgery Keith spent time with his wife and daughters comforting them. He seemed to know the end was near. He talked about how much he loved the girls in his life and how happy they made him. “I am so proud of you girls,” he said as he held their hands. To his wife he said, “I am the luckiest man alive. You gave my life meaning and hope. Without you I was nothing; with you I am everything.”

Keith grew up on a farm and had fond memories of working with animals and later doing the same on his own small farm. He was happiest when with his family walking his land and watching his animals play.

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Zen Meditation: The Quiet Mind

Several years ago my office building was burglarized. Two young men used a tire iron to break a window and enter the building. Tax offices do not have a lot of stuff worth stealing so they settled on two monitors and an old safe with an empty coffee can in it. People pay their bill by credit card or ACH in the majority of cases; a few still pay by check and cash comes in during tax season and is removed each day.

The young men caused thousands of dollars in damage for the massive haul of two monitors worth maybe $20 each. (New monitors are under $100.) So what were they geniuses looking for? Well, it seems they remembered I had a soda machine outside my building a decade ago and they assumed I moved the machine inside the building. Yes, they burglarized my building for some of that lucrative soda machine money.

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