Category Archives: Information

How many people do you trust with your money? If you’re like me, the answer is “very few.”

And not just trust people with our money—trust them in general? Not a whole lot of people in that group either, is there? So, why is it hard for us to trust? I’ve been thinking about this a lot lately.

Who do I really trust?

I trust the people I know, the people I met long before I needed anything from them or they needed anything from me. I learned to trust them when I determined they were trustworthy.

The one thing I can tell you about the bookkeeping life is I do most of my work ALONE. I sit in a room, adding numbers by myself. Hard to meet and get to know people enough to trust them and have them trust me when I never leave the house…

So, ladies and gentlemen, today’s lesson is this: we’ve gotta get out of the house sometimes! Conferences and clubs and groups…we have to meet people. We can help them, and ultimately, they may be able to help us.

Once they get to know us, they’ll love us, right? And we’ll learn to trust them. Win-win.

Two of the newest groups I’ve joined are below. For more information on joining the following organizations, click on the links:

Bedford Chamber of Commerce

Smith Mountain Lake Chamber of Commerce

In the interest of getting more organized and staying on top of my life…I invested in an iphone last week. I’ve had the phone exactly 6 days, and I honestly don’t know how I kept up with anything before this!

Wondering if you should get one? Here’s what I wish I’d known two years ago–

I really do need to see my emails the minute they arrive in my in-box, and when they require immediate attention, no matter where I am, I can handle them.

I need my contacts and phone numbers and calendar all in one location…and it does need to fit in my pocket! No more organizer and business card holder and notepad.

The built-in GPS has already saved me three times!

The built-in camera comes in very handy, and I was able to get rid of the small one I was carrying in my purse–which always had dead batteries when I needed it.

I do need to know the weather anytime–the Weather Channel app is free and up-to-the-minute.

I can read my Kindle books anywhere, anytime–waiting in line, at the doctor’s office–and still read them on my actual Kindle at home. (No more carrying both with me.)

I don’t have to try to type my texts anymore–the iphone has voice recognition and types it for me. Incredibly accurate.

Oh, and the phone works, too. 🙂

That’s a short list of why I love it…there are multiple apps on my phone already, and I use them all. If you haven’t gotten yourself one of these phones, do it today. COMPLETELY WORTH IT.

If you’ve been wondering if you need one…YOU DO. Don’t wait like I did. I say again: Completely worth it!

Does how a person dresses affect their paycheck? Better believe it. Great article on CNN about dress codes and how to command more respect and money.

How to dress for success at work – CNN.com.

Is Walmart the killer of local business?

Yes, it’s convenient, and yes, they are everywhere! According to their corporate website, there are over 9,600 of them operating in 28 countries. Impressive.

What does my shopping there do for local business, though?

There is a Walmart less than 5 miles from my house, and yes, I shop there, but lately, I’ve begun to feel twinges of guilt over dollars I’m spending there. I mean seriously. I can get better meat at Vista Foods. I can get a tastier sandwich (than the Subway inside Walmart) at Bob & Cheryl’s Rainbow Drive-In. I have nicer gift options at shops in downtown Bedford. And wine? Why would I buy wine there when I can visit the 309 Winery? And flowers? Walmart’s choice is limited, but Longwood Florist has many options. And Juice I Beauty Salon fixed a haircut I got at Walmart once.

So, where does my money go when I spend it at Walmart? Does it stay in Bedford? Some of it helps pay the people who work there (who, on average earn $11.84 an hour). Walmart pays taxes to the state of Virginia—more than $263 million in Virginia sales taxes and over $53 million in Virginia state and local taxes for 2011—okay, that helps.

In fact, it sounds like a lot, doesn’t it?

Until you realize what their sales were. In their corporate report, Walmart’s worldwide net sales for 2011 were (are you sitting down?) over $419 billion. (Net sales, by the way, is the price of an item to the consumer minus what Walmart paid to acquire it—that means they had $419 billion to operate their business.)

So, of that $419 billion, Virginia got less than .1 percent of that money.

On a side note, the United States National Debt at this time is about $15 trillion. If there were 35 Walmart corporations, they would produce enough operating capital IN A YEAR to clear out the National Debt. Just sayin’.

Which brings us back to my original question: what does my shopping at Walmart do for local business? Not nearly as much as shopping locally would do. My money goes directly into local merchant’s coffers. I feel really good about that.

Unless Walmart decides to pay off the National Debt…that would be helpful.

Found this website and wanted to share it with you. Bookkeepers consolidate this kind of information and produce Income Statements all the time, but this is something you can do yourself which will give you very useful information.

“The first step is knowing what numbers are important to your spending plan. The ‘spending snapshop’ will help you determine what your fixed expenses are each month. ‘Tallying up your totals’ allows you to list any credit cards and other loans you have plus their interest rates and monthly payments so you are in the know of how much you are paying towards your debts.”

via Planning Tools | Smart Cookies.

Trust, but verify. –Ronald Reagan

It’s hard to find people and businesses to trust. You want to trust a person when you meet them or a business when you begin working with them, but it’s important to assure yourself they are trustworthy.

Give Moore Bookkeeping a call today. Meet us and see what we can do for your business. Get to know us, and check our references. We have served many happy, satisfied and trusting clients over the past 25 years. And we’d like to earn your trust as well.

S.E.C. Sues 6 Former Top Fannie and Freddie Executives – NYTimes.com.

Variety in your business can make a big difference in sales and income. Take a look at this article from BusinessWeek, and see how it applies to your business.

Todays Tip – BusinessWeek.

If you’ve ever considered opening your own business and you’re a woman, this article will give you a wealth of information you can use! When the time is right, contact us to help with your bookkeeping!

Women’s Business Ownership: Starting, Financing and Growing the Right Way | SBA.gov.