Keeping track of assets sounds simple. The process is relative. Relative meaning it depends what assets you are tracking. Assets include cash, cattle, feed, equipment, and other items which will make you money. In other words, a return on your investment. Some of these items are definitely easier to keep up with than others.
Continue reading “Track of Assets”Opportunity Cost
I need for you to work this Saturday. We are behind schedule and the whole crew will be there. This is how your boss treats you. You have always been a loyal and dependable employee and he knows he can count on you. The time and a half, at $45 per hour, for the eight hour day comes out to $360. The extra money is always appreciated.
Continue reading “Opportunity Cost”Road Trip to Financial Success
It is time for a road trip! Work has been going great and the economy is stable and secure. I have always wanted to go to Wyoming and now is the perfect time to go. My truck is older, but it is paid for and I feel confident it will make the long trip without any issues. I know the fuel gauge does not work, but I will fill up every 4 hours.
Continue reading “Road Trip to Financial Success”Black and White
In the world we live in, nothing is black and white. There are a lot of gray areas. From my law classes I have learned, when it comes to questions of the law, the correct answer is always, “It depends”.
Continue reading “Black and White”