First they came for the Socialists, and I did not speak out— Because I was not a Socialist.Then they came for the Trade Unionists, and I did not speak out— Because I was not a Trade Unionist.Then they came for the Jews, and I did not speak out— Because I was not a Jew.Then they […]
Taxes for Reselling: Cleaning up the Books
Tax returns require accurate data. The purpose of the accounting system underlying that data is to substantiate it, and have clear record of your transactions to back up what you put on the tax return in the event of audit.I used Xero this year for my Reselling business, and when I’d finally reconciled my year, […]
Data driven Travel Hacking
For the past year or two, I’ve been very interested in data visualization. I first started playing with D3, which is a visualization tool, and later evolved into looking at data management tools such as The R Project. I’m still quite a beginner at it, but I can see the applications.There’s a symbiotic relationship with these two types […]
The Win/Loss Report
I thought a rambling 2016 recap post would be a good idea, looking at some wins and losses. Overall, it is Win orientated, which comes from my personality, I’m not naively optimistic as a person, but I do move on quickly from my mistakes, and hopefully don’t repeat them! mLifeLet’s start with mLife. What started […]
OPSEC
Operations security (OPSEC) is a term originating in U.S. military jargon, as a process that identifies critical information to determine if friendly actions can be observed by enemy intelligence, determines if information obtained by adversaries could be interpreted to be useful to them, and then executes selected measures that eliminate or reduce adversary exploitation of […]
Float 2.0 Sitting in the Pocket
Float with regard to spending (manufactured or otherwise) is the basic premise that you retain enough cash to pay your bills at any moment. The concept is designed to protect people from the myriad of problems that will occur when they read a blog post and go balls to the wall, and end up with […]
I tried to quit reselling.. you won’t believe what happened next!
I dipped my toes into Reselling in Q3, and decided to pretty much quit in Q4. For those in the reselling game this sounds a little weird, because Q4 is where the cheddar is, but I think it will all work out….Reselling is a vastly profitable gig, far more so than any MS I’ve encountered. […]
Datapoint Pairing for fun and profit
I hope you like the catchy title.. I’m about to ™ it. I stumbled across the Frequent Miler Lab today and the first thing that struck me was the results tab (success/partial success/failure/sent to prison).I started scanning through it, naturally focusing only on ‘Success’ because who cares if something has failed, amiright?Then I realized.. while […]
Reflecting
I’ve been hearing constantly how the points and miles game is a dead duck, so I started thinking about what’s different in my world. Thinking about points and miles today, I have to say that they are less important and exciting to me than they were when I first found them. I don’t actively chase […]
Accounting for Returned Inventory
Readers have expressed interest in what to do with returned inventory, so here goes. Firstly, you need to be aware of the trinity of Bookkeeping, Tax Planning, and Tax Preparation. Once you understand that there are three distinct viewpoints for every decision, you’ll see how to deal with returns.Before we go into the trinity, we […]