I’m a numbers gal. Math was my favourite subject all through school. I have a honours Business degree and a good chunk of the courses for that degree were in accounting. I have been a treasurer for non-profit organizations. I have done bookkeeping here and there and I, get this, LOVE to do my taxes. I have taught many people how to start and grow a business and have managed restaurants. And I am passionate about spreadsheets, can build one for anything.
So you would think I know a thing or two about basic accounting stuff right? Yeah, I do. When it comes to financial matters. But not so much when it comes to life. Not so much when it comes to me. Not so much when it comes to the net worth I assign to myself and my life.
Here’s the skinny on what a balance sheet is for you non-financial folks:
A list of assets, liabilities, and net worth. Assets are the positive numbers like cash in the bank or physical things like inventory in stock that have value. Liabilities are the negative numbers, mostly debts like bills owing or paycheques to staff that will be issued on next payday. Net worth is essentially what you have left after you subtract the total liabilities number from the total assets number. For a business, ideally their net worth is positive (‘in the black’) but for some, especially in the early growing years, the number may be negative (‘in the red’). Visually speaking, assets appear on the left side of a balance sheet, liabilities and net worth on the right.
Now back to me …
Despite being left-handed, I have an adversity to seeing things on the left. I guess you could call me a right-winger as far as the politics of my life go. What I’m really saying here is that I spend far too much time focusing on my personal liabilities and their impact on my life and others. I tend to only see the negatives and by doing so, somehow calculate that my net worth must be in the red. But that just ain’t the case and I know better. And it isn’t the case for you either. Hoping you know better too.
So let’s all take a shot out into left field why don’t we? Let’s focus on the positives in our lives and the personal assets that we possess. The things that contribute value to our worlds and the other people in them. The stuff that balances out all the crap we so often focus too much on and restores order and good vibing to life. They are countless you know.
Now over to you ..
So dear readers, here is your call to action:
Tell me what’s on the LEFT SIDE of your balance sheet?
What are the POSITIVES in your life?
Fill in your replies by way of commenting below.
Play along with me in this game of life. It’s so much funner when we live it as a team. C’mon I dare ya. Triple dog dare ya!
I want to see my notifications tab light up ‘in the black’ like crazy. And who knows, this might not even be about me or you feeling super-dee-dooper awesome about ourselves and our lives. Maybe this is for the person who reads this and isn’t having the best of days. Maybe they’ll see something you write and they can relate to it. So don’t even bother doing this just to humour me. Do it for that reader out there who needs to see some freakin’ great positive stuff on the screen in front of them. Go ahead, make their day. Make their day a better one!
Not sure how to start? Fine then, I’ll get the ball rolling for you if I must …
I am a really kind person. I have a ton of strength and resilience. And on Tuesday, I kicked skin cancer’s butt!
The ball’s in your hands now. Whatcha gonna do with it???
Image source: Simon Cunningham user on flickr.com, CC2.0 Generic