Category Archives: Finance

Introducing My New Podcast – The Expansion Project

I couldn’t be happier to share this with you guys! After many months of thinking, learning, planning, and executing, I have launched a podcast that is available on iTunes and Stitcher.

The Expansion Project is just that—a project based on the idea of expanding. Expanding what exactly? My mind, and myself as a person. It’s also a way for me to do something fun and creative while delivering free content to the world that will hopefully help to motivate and inspire other people.

I plan to release an new episode every week, so please subscribe and help spread the word by telling a friend or sharing a link on your social networks.

Eight episodes are already available. The first is a simple introduction, and the others are interviews and conversations with professional BMX riders, a coach, business owners and entrepreneurs, an artist, and an author. Download one or all of them and please let me know what you think! Any feedback or criticism is welcomed and appreciated!

You can learn more about The Expansion Project from the podcast’s dedicated Web site (, and of course please subscribe on iTunes or Stitcher, give five starts, and leave reviews!

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Grid League Photos – San Francisco Fire

Photos of the NPGL’s San Francisco Fire shot in Long Beach, California on September 14, 2014 during a double header where they defeated the LA Reign.


For more information about the National Pro Grid League check out While you’re at it, follow NPGL on Instagram, Twitter, and Facebook!

If you want to see more of my photos from NPGL events, check out my Grid League tag page!

All photos shot by Fat Tony and are copyrighted by NPGL. If you choose to repost any of these images, please be respectful and give credit to and tag @FatTonyBMX and @GridLeague.


Grid Photos – DC Brawlers Win 2014 NPGL Championship

Last night I shot photos of the DC Brawlers for the NPGL as they won the first ever Grid League championship match against the San Francisco Fire. It was a close race that got super heated, and emotions were flying all over the place.

It was an honor to be involved with the NPGL during its inception this year and I can’t wait to see how the sport evolves in the future…

Here are 35 of my favorite shots from the 2014 NPGL Championship!


2014 NPGL Championship

For more information about the National Pro Grid League check out While you’re at it, follow NPGL on Instagram, Twitter, and Facebook!

If you want to see more of my photos from NPGL events, check out my Grid League tag page!

All photos shot by Fat Tony and are copyrighted by NPGL. If you choose to repost any of these images, please be respectful and give credit to and tag @FatTonyBMX and @GridLeague.

Helpful Tax Tool: Spreadsheet For Earnings & Deductions

If money and finances bore you, then this post probably isn’t for you. Come back next week and I may have a post about photography or something. However, if you geek out like I do about this kind of stuff, this may be a good little read. And actually, if you just go ahead and download the file I have here for you, you probably don’t even need to read any of this because it’s fairly self-explanatory. I’ll write it all out anyway just in case it can be useful to some people. Here goes…

I know I’m super anal about being organized (some would call me obsessive), and one thing I always have to be able to see at a glance and access quickly is my finances. It’s even more important to me because I have two income streams—a full time job and a part time side business.

Over the years I’ve developed a simple and effective Excel spreadsheet for keeping track of the money I make and the money I spend. When April 15th starts creeping up on me I simply send the document over to my accountant, and because of how I have everything laid out he can prepare my tax return without any extra hassle on either of our ends.

In this post I’ll go over how the spreadsheet is set up, and of course, give you a link to download a blank template for you to use and customize however you want.

If you don’t know how to use Excel, I’m sure there are plenty of online tutorials that can help you with the basics, but if you know the gist of the program you shouldn’t have any problems with this.

Download: Blank Tax Deduction & Earnings Spreadsheet

Basic Spreadsheet Breakdown:
Sheet 1 – Freelance Earnings
Sheet 2 – Freelance Deductions
Sheet 3 – W-2 Deductions

The first page of the spreadsheet is definitely the most fun to fill out because it’s for the money you are pulling in. The first column is for you to write a quick note about what the job was. The second column is for who you billed for the job. Next is the type of payment—cash, personal check, business check, wire transfer, etc. Then is the date that you received the full payment. After that is a column for the invoice number, and finally the amount of money you made from the job.

If you scroll down, there is a section for jobs that are pending payment so you can keep track of which jobs have not been paid for. This allows you to see who you should follow up with when needed, and also allows you to see a projection of how much you will have made once all of your invoices have been paid.

The “Pending Total,” “Total Income Earned,” and “Projected Earnings” fields will be automatically calculated as you enter figures into the “Earned” section (column F). It’s seriously like magic…

My advice is to fill this out as soon as you submit an invoice to a client and as soon as you receive a payment. But again, I’m anal and obsessive, and I wouldn’t do it any other way.

Blank Tax Deduction & Earnings Spreadsheet

The image here is condensed down for on-screen viewing, but the template you will download has more spaces for additional jobs when you scroll down.

The second page of the spreadsheet is the most detailed and complex (although still pretty simple), and is used for your freelance or side business tax-deductible expenses. I don’t know a whole lot about tax laws, but I do know that for most small businesses nearly everything you do or buy is tax-deductible. Never underestimate how far simple deductions can go and how much money they can help stay in your pocket when tax time rolls around.

The first column on this sheet is for you to write notes about the expenses you plan to write off. The second is to list any specific items you purchased. The third is where you put the date of the purchase. Then the fourth column is a field for tracking any mileage you incurred while out on the job—driving to and from photo shoots, meetings, etc. Finally, the last column is where you put the dollar amount of what you spent on the items listed in that particular row. Pretty simple, eh? I told you most of this would end up being self-explanatory.

You’ll also notice there is a dollar value added to the mileage at the bottom of that column. In the U.S., the 2011 standard deduction for miles driven for business is $0.51 per mile, so that field simply multiplies the miles you recorded by $0.51 to give you an approximate dollar amount you’ll eventually write off for all the miles you drove.

For people who work from a home or have a small office, there are fields for your basic monthly bills such rent, electricity, water, Internet, and cell phone. Of course, all of the sub totals and totals are automatically calculated. Maaaaagic!

Blank Tax Deduction & Earnings Spreadsheet

Again, the image here is condensed…the template has more on it than you see here.

The third and final page of the spreadsheet is for any tax deductions you will be making as a full-time employee when you file a W-2. The columns are set up the same as on the previous tax deduction page, but this sheet doesn’t have all of the extra areas for monthly bills.

If you submit expense reports to your employer and get reimbursed for things, then you don’t put any of those expenses on this sheet. However, I often drive places for my full-time job or buy things that I don’t expense to the company, and those are the items I put on this sheet. Again, don’t sell yourself short when it comes to taking tax deductions! That’s why these tax laws are in place—so people can use them to their advantage and keep more money in their pockets and pump it back into the economy.

Blank Tax Deduction & Earnings Spreadsheet

I think it goes without saying that I’m not a certified CPA, so don’t look to me for professional accounting advice. That being said, this is my system—it works for me, and I’m sure it will be helpful to some other people, so take it for what it is. As always, if you have any specific questions, post them in the comments and I’ll do my best to answer them so everyone can see.

Download: Blank Tax Deduction & Earnings Spreadsheet

If you found this post helpful, you may also like my post on using a net worth calculator (with spreadsheet to download).

Business Tips – Using A Net Worth Calculator To Achieve Financial Freedom

Several years ago I met a great man named Jim Matush who became my friend and financial mentor, and one of the first things he told me to do was start tracking my personal net worth every three months. Being able to see how your assets and liabilities have fluctuated, where your money is allocated, and where your net worth is tracking is key to increasing your net worth when you are trying to achieve financial success, or even better…finical freedom.

This post will answer several questions about personal net worth, including:
– What is personal net worth?
– What is net worth important?
– Why should I track my net worth?
– How do I increase my net worth?
– How do I track my net worth? (With free Excel net worth calculator.)

Net Worth Tracking Line Graph

Here’s a simple line graph showing what your personal net worth could look like after you start tracking it. Seeing the visual up and up helps keep you motivated to keep it growing even more.

Continue reading

How To Think Like A Rich Person

Secrets Of The Millionaire Mind” by T. Harv Eker is an incredible book, and the principles I learned from it really changed my life—and I think they can change yours, too. I read the book twice (and will no doubt read it again), and I attended a free three-day seminar in Los Angeles based off the book. I truly believe the points made in the book can really help people make a difference in their lives, and I love sharing that with others who are willing to listen with an open mind.

Secrets Of The Millionaire Mind Book

The book is split into two parts: the first part helps you break down how and why you think the way you do about money, which is crucial in learning how to allow yourself to make and keep more money. The second part of the book gives 17 ways “rich” people think differently from “poor” people. I put those terms in quotes because they are extremely broad and used to make a point.

While I feel that everyone should read the book, I know not everyone will, so I’ve made a list of the 17 main points from the second half of the book and posted them here as food for thought—and for growth.

1. Rich people believe: “I create my life.” Poor people believe: “Life happens to me.”

2. Rich people play the money game to win. Poor people play the money game to not lose.

3. Rich people are committed to being rich. Poor people want to be rich.

4. Rich people think big. Poor people think small.

5. Rich people focus on opportunities. Poor people focus on obstacles.

6. Rich people admire other rich and successful people. Poor people resent rich and successful people.

7. Rich people associate with positive, successful people. Poor people associate with negative or unsuccessful people.

8. Rich people are willing to promote themselves and their value. Poor people think negatively about selling and promotion.

9. Rich people are bigger than their problems. Poor people are smaller than their problems.

10. Rich people are excellent receivers. Poor people are poor receivers.

11. Rich people choose to get paid based on results. Poor people choose to get paid based on time.

12. Rich people think “both”. Poor people think “either/or”.

13. Rich people focus on their net worth. Poor people focus on their working income.

14. Rich people manage their money well. Poor people mismanage their money well.

15. Rich people have their money work hard for them. Poor people work hard for their money.

16. Rich people act in spite of fear. Poor people let fear stop them.

17. Rich people constantly learn and grow. Poor people think they already know.

An Introduction To My New Blog

As if I didn’t have enough things taking up my time on the Internet these days, I decided to start a personal blog to go along with my Web site…

Why did I do it? And what can you expect? Glad you asked. Read on young grasshopper. is still my full-time job and number one priority. And it is still the place for BMX videos, news, event coverage, and so on. And Facebook and Twitter are still the place for my random thoughts, iPhone photos, and rants of all sorts. And my portfolio site is still the place to see a selection of my work. So this blog is the place where I can share things that I have going on behind the scenes in my working world, and where I can post things to help out other people in their working world.

I get questions emailed to me all the time from people seeking help in the realm of BMX and photography, and I have a huge passion for both of them. I also have a passion for the business behind both BMX and photography. And it just so happens that I even have a passion for helping others and teaching the things I have learned along the way.

I have a lot of ideas brewing up for blog posts that I feel can benefit some people in the area of BMX, photography, (and the business behind both of them), travel, finance, personal growth and development, and more.

The look, layout, and function of the blog is a work in progress, but the groundwork is here, and the first few posts aren’t far behind, so please update your RSS reader with my feed or bookmark this page and check back often to see what I have going on.


Greetings from Maasai Mara, Kenya, where I was photographing hippos last week. Photo by Lindsay Matush.