September 21, 2023
Ahoy, financial adventurers, legacy-builders, and campground enthusiasts! I’ve got a question for you. Do you have any old 401(k)s gathering virtual dust in former employers’ accounts? If so, it’s time to round them up and take control. You know, like a cowboy…but with less rope and more spreadsheets.
At Campground Accounting, we’re not just number crunchers. We’re also passionate about helping you grow a robust business while avoiding the common pitfalls that come with managing your finances. You see, our revolutionary approach to accounting is all about embracing progress, exploring options, and breathing life into your campground ownership dreams.
So, let’s get down to business. Why should you care about moving those sleepy 401(k)s into your own account? Well, sit back, grab a cup of joe (or a martini, if that’s more your style), and let me paint a picture for you.
Imagine you’re at a dinner party. You and a friend both invested in the same mutual fund through your respective 401(k)s. The difference? Your friend’s 401(k) is managed by their former employer, while yours is safely tucked away under your control. Who do you think ends up with a higher account balance by the end of the year?
Spoiler alert: It’s not your friend.
Surprised? Don’t be. Those sneaky administrative costs can nibble away at your hard-earned money, leaving your friend’s balance looking a little lean. So, if you’re aiming to maximize your earnings, it’s time to wrangle those straggler 401(k)s and put them under your own administration.
And here’s another secret: you’ll also gain better access and control over your funds. No more wrestling with old employers for emergency access or struggling to reallocate your investments. It’s like being handed the keys to your own financial kingdom.
So, what are you waiting for? It’s time to press play on your bigger ideas and take control of your financial future. Work with a financial advisor (we know a few good ones!) and consolidate those straggler 401(k)s into one account under your name.
Remember, there’s more to life than business, but there’s also more to business than just making ends meet. So don’t miss this opportunity to maximize your earnings and breathe new life into your campground ownership journey!
Ready to take the next step? Well, saddle up and let’s ride into the sunset of financial success together!
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Donna Bordeaux, CPA with Campground Accounting
Creativity and CPAs don’t generally go together. Most people think of CPAs as nerdy accountants who can’t talk with people. Well, it’s time to break that stereotype. Lively, friendly, and knowledgeable can be a part of your relationship with your CPA, as demonstrated by Donna and Chad Bordeaux. They have over 50 years of combined experience as entrepreneurial CPAs. They’ve owned businesses and helped business owners exceed their wildest dreams. They have been able to help businesses earn many times more profit than the average business in the same industry and are passionate about helping industries that help families build great memories.