About

Hi

I am “The Insider Accountant”, which is just an alias I thought up so that I can tell the truth (or my version of it) without any real world ramifications.

I started this blog in 2015 at the ripe old age of 32 after becoming so interested in the personal finance blogosphere that I wanted to make my own contribution.

In my time reading PF blogs I found a huge number of amazing sites, but thought I could add my own perspective as a person that has already built a strong financial position (but still has some way to go towards FI), has had (modest) success in climbing the corporate ladder (as a young partner in a big firm) and has had a long period of exposure to the accounting and finance industry.

People probably think that accountants are boring, but I actually believe that we live quite interesting lives and have very interesting careers. In today’s society there is a financial link to so much of what a person does, and that means that we have the opportunity to develop meaningful insights into how and why people behave the way that they do.

The accounting and finance industries are also quite hypocritical, in that so many advisers don’t actually practice what they preach. Sometimes this is for good reasons (what they are preaching isn’t actually the best thing for the client), and other times it is because the adviser just doesn’t have the ability, discipline or inclination. I’m hoping that I can share some of this hypocrisy with readers of the blog so that they can ensure that they are fully informed when dealing with advisers as well.

On a personal note, I am married and we have two young children, and hope that I can share some insights on how a family can maintain a financially aware lifestyle as well.

I hope you enjoy my blog, and look forward to getting to know you.

IA.

15 thoughts on “About

  1. Thanks for stopping by our site — it let us find you here! Your site looks super interesting, and we’re looking forward to learning from you and following along on your FI journey.

  2. Well here’s an interesting blog title that I loved. I could write an entire blog just about the shit that I’ve seen in 30 years of employment as a non revenue producer in the financial services industry. First I was going to chime in about the inner workings but then I saw your comment about the hypocrisy so you seem to have an understanding. Yes, this is the industry that allowed us to accumulate over a million dollars in less than 10 years, mostly since the financial crisis. What you make is of no value; it’s knowing how to invest at a tolerance level that makes you comfortable. We are very conservative but still increased new wealth almost 200% since 2008 by simply dollar cost averaging into our retirement plans and using the tax refunds to max out both ROTH IRA’s. And we prepaid our mortgage down to almost nothing in 8 years (and it was $400k).

    But then there’s the cynical side that I keep off my blog because Diane won’t let me post negativity. I hate the industry with an extreme passion and find find the disparity of wealth disgraceful. Not to mention a totally rigged system that only industry insiders can understand (to an extent). Michael Lewis is my hero and the best author ever to educate and inform how ridiculous the industry is (with honorable mention to Matt Taiebi another ex Wall Street guy that writes for Rolling Stone).

    Sometimes I wish I didn’t understand how the industry, along with the US government and the Fed, manipulate the markets and keep the US economy alive by purporting such enormous lies about “jobs numbers” and “recovery” when it’s actually based solely on consumers over-spending, a zero interest rate policy that actually defies what they teach kids in business school by not allowing fundamentals to matter at all and a small group of elites that control the entire world by making the USD the all mighty ruler of the planet. And don’t get me started on how it’s all in conjunction with the fear campaign and anti-Muslim military machine that keeps every nation on Earth at the mercy of the US government for fear of political or economic retribution (Can you say “FATCA”; all illegal yet unchallenged by the world)

    Anyway, now that I’ve vented, I did want to say thanks for following. I know all this but it’s in the past now and I plan on reaping the benefits of my knowledge outside of the USA

    Cheers
    Rob (obviously not written by Diane)

    • Hi Rob, thanks for stopping by.
      I agree that the industry is pretty shocking when you see it from the inside, and it’s amazing how it can warp a person’s view of the world. I can be a bit negative about it all sometimes but I have to just keep a balanced perspective or I will go crazy before I can even retire! Writing the blog is certainly helping my frame of mind though!

  3. Hey Insider Accountant – I’m really liking your site. Great to see another millennial accountant blogger that is also interested in FI and personal finance. I’m looking forward to your future posts. Added to to my RSS feed so I can stay up to date.

    Jeff

  4. People who think accountants are boring generally don’t know any/many!

    There are four qualified accountants in my family and all have gone on to have successful, interesting and diverse careers (all in finance).

    Only just discovered your blog so I’ll have a little catch up read! Looks interesting so far, not boring at all! 🙂

    • Wow, four accountants in one family – I hope that all of you are good with finances, but being an accountant doesn’t always mean good personal finance skills unfortunately!

  5. Hi IA,

    Loving the blog so far, it’s weird how although we are on the other side of the planet (I’m in the UK), we come across a lot of similar problems, and seem to have a fairly similar outlook.

    Hopefully I can get a few of your insights on career development and put them in place in my own life 🙂

    • Hi Dom, thanks for reading and I’m glad you like the blog. Even though you are in the UK I’m not surprised that you come across similar problems – they relate to accounting and finance generally in my view, and Australia and the UK have a lot in common (we are a colony of the mother country after all!).

  6. Pingback: 10 Questions with Insider Accountant - 1500 Days to Freedom1500 Days to Freedom

  7. Hey IA, I’m really happy to have found you, and sad it’s taken this long for our paths to cross.

    I really like the message you are trying to put across and I agree with you – advice could be so much better. I’m really looking forward to reading your topics and following your progress.

    Tristan

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