Tuesday, October 2, 2007

The economy and common vocabulary


Its been a while since I blogged.I must say work is getting hectic.The financial department is proving a busy and consistent workspace.Well,thats great for me!Its an opportunity to adopt organizational skills and purpose.

Anywahoo,I want to comment on two accounting terms I find to have quick and resounding analogies to life.First,the term credit.When,I was at university,my Business Management lecturer made an impact on me by associating the word CREDIT and the GIVER.This was just to make a point and have lasting impact and retention for the students.The lecturer was a religious man,and he quoted the Bible as his first reference where the concept of crediting the giver was first noted.Basically,in accounting,in the general ledger(or the T-Account)the account of the source of money or any outward flow is CREDITED and the one who RECEIVES or account in the inflowing direction gets DEBITED.This I believe is a powerful concept,and it simply honours charity and generousity.

The second word I want to comment on is the word appreciate.Today in my mail,I got an inspirational quote around the theme of gratefulness.It said that the same as in the value of assets,appreciation increments value.Therefore,the same can be implied for appreciation or gratefulness in our lives.If we appreciate and indulge in acts of thankfulness,we appreciate the value of the important assets in our lives.Think of this in terms of good health,good relationships,good finance and start appreciating what you have.Tomorrow it will grow in value and returns.

I certainly enjoyed writing this piece.I hope you dear Moeta Blog Reader can give feedback or comments so I can improve and be more relevant.

Hasta Pronto.