ACCOUNTING FOR LIVING 1

I’ve always said that accounting is also for business. In other words, accounting is mostly common sense and is applicable (is being applied and should be applied) to almost anything we do –balancing work & leisure, measuring risks against rewards (in investments as in any endeavor), counting politicians’ promises against what they’ve actually accomplished, taking stock of what you have against what you want, weighing the advantages of eating out against having a home-cooked dinner, etc, etc.

As you run the rat race, have you wondered whether you’re just working to pay bills or enjoying a life beyond work? Henry David Thoreau went on a two-year leave at Walden to “live deliberately, to front only the essential facts of life, and see if I could not learn what it had to teach, and not, when I came to die, discover that I had not lived.”

Accounting Solver presents a Balance Sheet for Living:

How does your personal Balance Sheet for Living look?

image from Microsoft Clipart reconstructed by Ren Garcia