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Category: Measure

Zero Wealth as an arbitrary number

December 11, 2021 ivan Leave a comment

So you are young and you have “0” money. You have energy, time, and probably determination to make it Big…

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Posted in: Measure Filed under: assets, debt, wealth, zero-sum

YOU ARE NOT A MAILBOX

October 8, 2019 ivan 1 Comment

Now to the point. You receive a paycheck from your employer. Then you write some checks of your own. Then…

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Posted in: Measure Filed under: budgeting, measure, wealth

ASSETS

October 7, 2019 ivan Leave a comment

We display or demonstrate our material well-being by showing off things we own. It is as simple as that. Some…

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Posted in: Measure Filed under: assets, measure, wealth

DEBT

October 6, 2019 ivan Leave a comment

Let’s say you have an innovative business idea and plan, but not, unfortunately, all the funds necessary to finance it.…

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Posted in: Measure Filed under: debt, wealth

INCOME

October 4, 2019 ivan Leave a comment

Income is really quite magical. You make some sort of contribution, and you’re paid. You may produce a product or…

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Posted in: Measure Filed under: income, measure, wealth

Breaking Even

October 2, 2019 ivan Leave a comment

Expense properties Here is an introduction to an old theory about expenses, dominant during the industrial revolution. John Hudson: How…

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Posted in: Manage, Measure Filed under: case study, expenses, stories, wealth

UNDERSTANDING YOUR MATERIAL WEALTH

October 1, 2019 ivan Leave a comment

We finally reach the central idea of this site. The very first 11th-floor meeting was quite straightforward. Sarah Hudson, a…

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Posted in: Measure Filed under: assets, debt, expenss, farmula, income, measure, stories, wealth

UNDERSTANDING YOUR EVERYDAY TRANSACTIONS

September 30, 2019 ivan Leave a comment

Thomas’s views on everyday transactions Thomas: I think the concept of WEALTH we’ve been talking about is very powerful and…

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Posted in: Measure Filed under: accounting, assets, debt, expenses, income, wealth

DOUBLE ENTRY IN A TRIPLE EQUATION

September 29, 2019 ivan Leave a comment

Thomas: There is something confusing about this bloody equation: The problem is that the way you increase your assets and…

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Posted in: Measure Filed under: farmula, measure, wealth

UNMEASURABLE ASSETS AND MONEY AS A MEASURING SYSTEM

September 28, 2019 ivan Leave a comment

Money has become an indispensable part of our lives. We measure success in terms of money, we compare projects and…

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Posted in: Measure Filed under: assets, unmeasurable, wealth

A PERFECT BALANCE AND GROWING WEALTH

September 27, 2019 ivan Leave a comment

Sarah Hudson:  There is something that bothers me about the wealth formula. If everything balances so perfectly, how can you…

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Posted in: Measure Filed under: accounting, formula, wealth

COMPLEX TRANSACTIONS AND THE PERFECT ACCOUNTANT

September 25, 2019 ivan Leave a comment

Ann: What would the perfect accountant look like? Garret: Something like me…. But remember, I am much more than a…

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Posted in: Measure Filed under: accounting, complex transactions, formula, measure, stories, wealth

ACCOUNTING FOR CASH (MONEY)

September 24, 2019 ivan Leave a comment

As you know, most of our everyday economic transactions involve money (cash). So, we consider it appropriate to explain cash…

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Posted in: Measure Filed under: accounting, cash, formula, measure, wealth

ACCOUNTING FOR DEBT

September 23, 2019 ivan Leave a comment

Here is the next article; this one is about recording your debt. Debt plays an important role in our lives;…

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Posted in: Measure Filed under: accounting, debt, formula, measure, wealth

BUILD YOUR WEALTH IN 3D

September 22, 2019 ivan Leave a comment

Sri Humana:  Enough of this accounting bullshit. Wealth is much more than just property, classified into accounts. Thomas pisses me…

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Posted in: Explore, Measure Filed under: discipline, explore, knowledge, measure, measuring results, networking, risk, time, wealth, WealthUnits

DISTINGUISHING BETWEEN YOUR WEALTH UNITS

September 21, 2019 ivan Leave a comment

Back once again to the material wealth domain. Sarah: The concept of material wealth is very useful and important, but…

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Posted in: Measure Filed under: measure, stories, wealth

COMPREHENSIVE FAMILY ACCOUNTING: PUTTING IT ALL TOGETHER, FROM TRANSACTIONS TO REPORTS

September 20, 2019 ivan Leave a comment

How do you record and measure your family’s wealth in a comprehensive way? Thomas: It is time to put together…

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Posted in: Measure Filed under: accounting, assets, debt, expenses, income, stories, wealth, WealthUnits

THE VALUE OF THINGS

September 19, 2019 ivan Leave a comment

How do we value things? Purchased items are easily valued, but only initially – at the time of the purchase.…

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Posted in: Measure Filed under: assets, case study, measure, stories, wealth

CASH-FLOW MANAGEMENT BIASES

September 18, 2019 ivan Leave a comment

Cash-flow management is a very important system that teaches prudence and limiting risk exposure. It is essential for one’s financial…

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Posted in: Measure Filed under: bais, cash, formula, measure, science, wealth, zero-sum

IMPROVING THE WEALTH FORMULA

September 6, 2019 ivan Leave a comment

This article deals with the limitations our wealth formula imposes on us. ASSETS – DEBT = INCOME – EXPENSES =…

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Posted in: Measure Filed under: consolidation, measuring results, risk, stdev, unmeasurable, wealth

Sensitivity Business Analysis

November 22, 2016 ivan Leave a comment

Or how much can you lose I do not believe that spreadsheets can change the world but let’s give it…

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Posted in: Measure Filed under: budgeting, risk, wealth

How Money Works

November 21, 2016 ivan Leave a comment

There are so many books and theories about money, their origin, use, purpose and so on…. Yes, money (try to)…

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Posted in: Measure Filed under: accounting, money, wealth

From asset to expense and vice versa

November 20, 2016 ivan Leave a comment

Inspired by  Paul Portesi.   One of the most significant accounting problem that has to be solved on a daily…

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Posted in: Measure Filed under: accounting, assets, expenses, wealth

Explain Sales – volume, price and mix

November 19, 2016 ivan Leave a comment

Ann: We have two products – product A and Product B. Product A is been sold in France and product…

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Posted in: Measure Filed under: income, measure, sales, statistics, wealth, WealthUnits

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