is ACCOUNTING A GOOD CAREER ?? / How Much MONEY can you MAKE as an ACCOUNTANT if that is your CAREER - YouTube

Channel: CPA Strength

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cpa strength here back with another video this one's gonna be about as a
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counting a good career what do you think about accounting and etc etc let's just
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cut to the chase yes I think accounting is a great career to have when I got my
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job at a CPA firm the my boss CPA said oh great you're an accountant you'll
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never be out of work and I thought about it and I'm like yeah okay I don't know
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yes yeah once I got my accounting to Gardner be out of work
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I mean I've looked for jobs for a little bit but you know so yes I think you'll
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you'll have a job and in the future in the future if you know I here's what I
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think I think in the future you don't really know I mean I think a lot of
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things are going towards the internet and and like people don't want to see
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anybody like you know you order on Amazon and stuff so maybe you can't
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predict like you know okay like if you got a if you have a blockbuster video
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that's how to business right but there's new businesses that that are taking over
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now like Amazon that wasn't there before so you don't really know possibly what
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businesses are gonna be in in in our life of five years 10 years 15 20 years
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down the road although whatever businesses are there
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are gonna need an accountant so I believe you have job stability forever
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and the long range now too and just think about do you know how many
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accountants do know any accounts personally that have an accounting
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degree from a four-year four-year university
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do they have jobs are they unemployed do they seem to have a nice lifestyle just
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all I'm saying I mean you know there's just there's different there's all kinds
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of different things you can do with in accounting with an accounting license
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and I wanted to get that that off the bat in the beginning - what I just
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thought yeah it's a good career I'd say there's there's longevity in it because
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you always need one there is a lot of things you can do with an accounting
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degree alright I think number I think I just said the number one like the number
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one thing is look at other people with an accounting degree and see how their
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lifestyle is they're you know are they employed I think that's the most
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important thing like is it a good degree to have wool I mean yeah it's fun
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knowledge coming for me it's fun knowledge to have to know debits and
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credits but I mean like if I was going to say you know a lot of people are
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taking this in college right now taking accounting in college and wondering you
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know is this a good major or they're taking they're just signing up or I
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don't you know I'm just giving my two cents because but I am totally biased
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because I'm an accountant I am a CPA so that you know if I didn't think it was
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an awesome career well I would be doing something else so I mean I need to speak
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for myself but I love it now that I've you know done for fast as I always get
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ah you can't explain your video in in two minutes yeah I know but so I felt
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like I explained I explained that let's see what's going on is accounting a good
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profession yes yes it is Oh because basically we've had the same
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accounting system like this double entry accounting system debits and credits
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with assets draw withdraws expenses liabilities equity revenues all these
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things that can be debits are credits and journal entries and balance sheets
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tax return a balance sheet income statement and that's basically the whole
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world has used like basically the same thing for 500 years the whole
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world and I and I know this because I teach basic accounting for beginners to
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pretty much the whole world on YouTube and it's changed my life and it's
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amazing but I'm not even getting into that I'm just like I said a good
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profession to have to be an accountant to say hey I'm an accountant you know
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can you put food on the table yeah man yeah you can put food on the table when
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people okay you're like yeah but how much can you make that's what everyone
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always wants to do how much do you make how much meeting me I don't know why you
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want to limit yourself like that like but but I understand where you're coming
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from I understand where you're coming from I used to be like that too I want
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to make a hundred thousand a year and I'll show everybody like okay buddy like
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just do your thing but you know how easily the thing was ever an accounting
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degree I don't really think there's a limit you know then then you could do to
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be a CPA you can have your own business I don't think I I think you're gonna be
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from Darin I think my first job was 26 thousand a year or something but then
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like it got twisted I got a raise then it was like $14 an hour for a little bit
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and then $16 an hour for a little bit and then and then it was $19 for a
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little bit so like I just kept on getting raises at this place I was at it
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was awesome and that was like my first job at a CPA firm I get I kept on
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getting raises I believe you know because I was good worker but like the
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last one it was like I got my CPA license and then I think but so that's
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like the $19 is like 40 grand a year so that
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it's not you know so I'd say you know you're gonna make 26 to decide say I
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started at 26 but I was up to 40 within
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you know two years and then if I didn't veer off and go to my own job I mean I
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guess like her pride her probably went to somewhere else and make fifty sixty
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seven you know I don't really think there's a limit on how much you can make
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really with this accounting thing I mean I don't know I just don't even think
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like that so for me to put a top at not it is not like even in my thing cuz I'm
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like I ain't trying to ever do that to myself anymore I don't just scare people
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off with it's hard I guess I try to make it seem like it's easy or like I don't
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want to make it seem like it's easy I just want to make it seem like if you
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practice and put your mind to something you can do anything and I think I know
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it sounds cheesy but it just seems like in this day and age you can really will
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yourself to anything like you're watching me right now that means you're
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on the internet somehow I mean if you're watching me on the internet you can do
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anything else and the internet another reason why I think that accounting is
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gonna be a great field in the future only because whatever businesses survive
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they're gonna need an accountant every business needs an accountant that's for
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businesses and that's not even my favorite thing anymore oh and I run
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payroll for companies too I have once I set everything up I have a lot of
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software to do everything and but I know the debits and credits behind it where
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no one else knows it so that all this is what I'm getting this is another thing
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that I'm getting at is that you start you start being an accountant like what
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anyways I start I started having my own business and who are my clients going to
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be who are my clients going to be people with lots of money that are doing well
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for themselves and they need someone to guide them with
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tax this can be a money manager money planner you know what should I do they
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want to trust somebody you know and so who do I spend most of my days who do I
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spend most of my time with like rich people like millionaires like I'm not
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even I'm not even really kidding like like I people make a quarter of a
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million dollars a year or half a million a year and I'm like yeah what's our dog
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I mean that's just how I roll and it's awesome so you know how it's like yo
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when I when I used to be running them streets you know I used to be hanging
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out with other people that was running in them streets and my life was getting
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nowhere fast nowhere nowhere now I got an accounting degree I start you know so
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it's like who's gonna use my services is people with a lot of money and that's
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what I think is successful that's like my scorecard you know what I'm saying
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cuz I'm not doing like sports I'm not trying to get it off the muscle anymore
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you know cuz that you know I'm trying to get off the brain so off the brain the
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scorecard for me is like how much money you have so these people are very
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successful in my eyes and that's who I'm running with now with my accounting
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degree whilst I think accounting is awesome because I think a lot more
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people are getting off w-2s now alright so I think a lot I feel a lot more
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people are getting 1099 like I get I get an ad Google Google sends me money every
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month you know the but they don't take taxes I'm not like an employee of an
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independent contractor for them they sent me a 1099 so I have to pay taxes on
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my income at the end of the year what I'm getting at is I think it's like a
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gig base and I think the world economy with the internet being what it is and
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every I think the traditional nine-to-five job
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like you're like you get a w-2 you just clock in somewhere clock out
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I think that's getting I think it's going to go lower and lower as the years
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progress and the gig economy and people getting 1099s and paying their taxes at
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the end of the year it's going to be heavily increasing in the next 10 to 20
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years I I'll be it and I just and and then when you're doing that now you're
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paying self-employment tax and all the stuff and it will and so more and more
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people will need an accountant Howard is now if you just get a w-2 and that's
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what you do like you can just pretty much take a picture of your tax return
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and you don't really need an accountant for anything like you know anyways this
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is CPA strength I absolutely love doing this YouTube and man just try to be nice
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to everybody be blessed be positive this is this this this kit if you're
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struggling this can be a really awesome life I don't know I wake up every
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morning and I'm just like not like yesterday I had to do some like
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accounting work so I'm like Dorn CPA stuff I couldn't just YouTube all day
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and I mean that is what it is it's like but anyways till tomorrow I love you
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guys bye