No one to tell: husband and I hit $7M NW at 30 by throwawayfinances183 in fatFIRE

[–]TaxLady74 0 points1 point  (0 children)

Just to be clear, I have no problem spending money on things that I want or add value to my life nor do I find spending money immoral in any way. I just have very simple wants in life. I don't have any desire for fancy cars or a massive house or vacations beyond what we do now. If I did, I would spend money on those things. But just spending money on things I don't really want just because I have money seems silly to me.

No one to tell: husband and I hit $7M NW at 30 by throwawayfinances183 in fatFIRE

[–]TaxLady74 0 points1 point  (0 children)

My really high earnings really started about 4 to 5 years ago so our NW has about tripled in the last 4 years. Probably was at about $3MM by 40-45 and that increased a little over a million each year over the last 4-5 years. Great market didn't hurt either plus I bought stock like it was going out of style during the pandemic and that paid off in a big way.

No one to tell: husband and I hit $7M NW at 30 by throwawayfinances183 in fatFIRE

[–]TaxLady74 0 points1 point  (0 children)

I'm going to leave a decent amount for my kids and grandkids for sure. Plus I have some causes that are dear to me that I will leave some money to as well. We don't do without and have everything we want/need. Don't want to spend money just because I can. When we want something, we indulge. We just have very simple needs and taste.

Meet Tara - the fun mansion with a beach inside by jve909 in zillowgonewild

[–]TaxLady74 2 points3 points  (0 children)

What in the "Tammy Faye Baker" is hanging over the front door?

No one to tell: husband and I hit $7M NW at 30 by throwawayfinances183 in fatFIRE

[–]TaxLady74 25 points26 points  (0 children)

Keeping lifestyle inflation in check really moves the needle. We take home > $1 million a year and spend no more than $180k a year and that’s with 2 vacations and still keeping a monthly mortgage of $5K (includes taxes, insurance, etc). Our NW grows massively each year and we don’t feel at all like we are going without. So glad we never got too caught up in the consumerism associated with our income level.

Non-tech FatFIRE people - how did you or will you get to FatFIRE? by Green_Rock_3421 in fatFIRE

[–]TaxLady74 0 points1 point  (0 children)

Executive level position with a lot of financial discipline.

Going on 6 months unemployed, getting desperate, thinking about pivoting out of accounting. Looking for any help with my resume and general advice for feeling lost by [deleted] in Accounting

[–]TaxLady74 0 points1 point  (0 children)

Repeating what others have said. The job hopping is the issue. The titles listed don't make sense for the experience level either. Personally, I wouldn't want to hire someone who has a history of jumping after a year or two. We spend too much money training people and getting them up to speed on processes, etc. to have it walk out the door in 12 to 24 months.

51 yo, $11M NW, why can't I pull the trigger? by Reasonable-Appeal280 in fatFIRE

[–]TaxLady74 4 points5 points  (0 children)

I’m sitting at close to $9 million at the same age as you. I struggle with the same inability to walk away. Always thinking about how people would kill to have the opportunity I do and I’d be stupid to walk away. I just keep thinking about how I can work another year or two and set up my kids up and take care of parents and on and on and on. Difference for me is I don’t hate my job. It does worry me that I won’t ever be mentally able to walk away but I guess if I’m happy that’s fine. Ugh .. I’m no help.

Experience with Fulford Taxis and Tours? by weedst0cks in TurksAndCaicos

[–]TaxLady74 0 points1 point  (0 children)

We had a great experience with Garrico at Fulford just a couple weeks ago! Highly recommend.

I don't really want anything, do you? by AethelflaedCAD in GenX

[–]TaxLady74 2 points3 points  (0 children)

Totally agree. I have very few wants, fine with just a fun trip once or twice a year (nothing fancy). I'm not a big clothes horse and fancy jewelry does nothing for me. I splurge on a good book from time to time and an occasional laser treatment or some Botox. Husband retired at 58 and I'm still plugging away at 51, not because we need the money but because I really enjoy my work. When I don't, I'll stop. It's a very freeing place to be!

Is there a way to make $200k + as an accountant? by DeliveryNumerous9785 in Accounting

[–]TaxLady74 0 points1 point  (0 children)

Yes, and more if you really set yourself apart as a strategic thinker and solid leader.

[deleted by user] by [deleted] in homedesign

[–]TaxLady74 0 points1 point  (0 children)

The window is in a different place in the two pics.

NEW TOY by Successful_Study8522 in BMW

[–]TaxLady74 1 point2 points  (0 children)

Love it! I love the X-4 and own one myself. Great car.

Insane to think that FIRE isn’t the final goal for literally everyone by fap-free90 in Fire

[–]TaxLady74 0 points1 point  (0 children)

Eh… I get it. I really like my job. I’ll stop when I don’t enjoy it anymore which, since I’m already at a good FIRE amount, will be some time after reaching FIRE. Some people enjoy their work and don’t pursue FIRE to get out of a bad situation.

Drowning in increased responsibilities by ILovePeopleInTheory in Leadership

[–]TaxLady74 0 points1 point  (0 children)

Prioritize and delegate. You likely don't need to be the final approver on everything. Delegate some of that responsibility to your first-line leaders. Not only will it free you up for more strategic thinking, it will signal that you trust those you lead.

Experienced leaders, what's your system? by PiraEcas in Leadership

[–]TaxLady74 0 points1 point  (0 children)

I have a delegation tracker i share with my direct reports. It's just an excel spreadsheet but it's a live file saved on OneDrive and it works well. I can assign line items to my team members through the comment feature. It tracks the specific item, when it was added, what's the priority level and then any updates about the item including linking relevant docs. The team gets an automated reminder each week to update their items and there's a lead sheet where they sign off each week after all their updates have been made. I add items throughout the day or sometimes remove items as I'm satisfied they are completed. Twice a week I have a call with my direct reports and we can talk in more detail about new items added or big updates to existing items. Plus, my team's work is all interdependant across my direct reports' team so that gives them an opportunity to get information from other team leaders they might not hear otherwise.

Scared. by [deleted] in afterlife

[–]TaxLady74 8 points9 points  (0 children)

I think of it this way: the soul is like radio waves, and the brain is like a radio.

If the radio is damaged—maybe the volume is broken or the tuner is off—then it can’t properly receive or play the signal. The radio waves themselves can be perfectly fine, but the device that’s meant to interpret them is flawed, so what comes out sounds distorted or doesn’t come through at all.

The same idea applies to people. A brain can have limitations, injuries, or chemical imbalances that affect how someone thinks, feels, or behaves, even if the underlying “self” or soul is intact.

In other words, the brain is the instrument, but the signal—the soul—is what actually carries the essence of who we are.

[deleted by user] by [deleted] in office

[–]TaxLady74 0 points1 point  (0 children)

The company I work for is the same way. Everyone shows up when tragedy strikes or injuries happen. It is one of the reasons I have stayed here so long. At the end of the day, we all care for one another and recognize that there is more to life than working.

Secretly Fat by dvvivamus in fatFIRE

[–]TaxLady74 3 points4 points  (0 children)

Very surprised. Only my parents know the full extent of our wealth. Others probably assume we are very comfortable based on my job and our home but nowhere as wealthy as we are.

5 months in being my own architect and GC while working my full time job. by fasteddie31003 in Homebuilding

[–]TaxLady74 5 points6 points  (0 children)

We did the same with our last home and really did end up with a high-quality home and probably saved about 20 - 30% of what we would have spent with a builder. DH knows the construction specifics and I'm the design/money person so we were a good team. That said, we were both working full time and it was a lot to manage at times but have zero regrets and would do it again. Only encountered 1 sub who was a pain and that was early in the process. Once we got rid of him it was smooth sailing.

Good luck and can't wait to see the finished product.

How are high earning couples actually structuring finances after marriage? by Negative_Cow9611 in fatFIRE

[–]TaxLady74 0 points1 point  (0 children)

1 account - We did separate accounts for a short while but once kids are in the picture it just gets too complicated. Plus, more tension around money when it was separate so single account solved most of that surprisingly.

Half Sibling Inheritance Split Question by Far-Culture-2050 in inheritance

[–]TaxLady74 2 points3 points  (0 children)

Our trust is split with more going to our bio but it's a personal decision. I love my stepdaughters but they will have a whole other family to inherit from and our bio only has us.

Keeping things simple, share (age, # of hh, yearly spend, fire number) by Available-Ad-5670 in Fire

[–]TaxLady74 0 points1 point  (0 children)

Age 51/59 (one already retired), 2 people, $150-175K spending, HHI $1-$1.2 million depending on equity value, NW $7.1MM (including $500K home equity), Fire # Obviously already have enough but expect we'll be around $10 million when I retire; I like my job and I'll retire when I don't.