Sunday, February 26, 2006

Accounting for Mormons

Today at Stake Conference* I heard words that I never thought I would hear in church: "Assets equal Liabilities plus Owners' Equity." I immediately perked up and stopped teasing the toddler on the row in front of me. Someone just said the basic accounting equation. What's going on? Hey, the Stake President's giving an accounting talk!

It was an analogy about how our lives are like a Balance Sheet - we have personal assets (faith, charity, good works, etc), we have liabilities (personal weaknesses, things out of our control), you should try to increase your owners' equity (net worth) by increasing your assets or reducing your liabiities, etc. (Incidentally, reducing liabilities doesn't increase your net worth, because you have to use assets to pay off the liabilities. Just FYI.)

In other news....well, there is no other news. I go to work, watch the Olympics, talk to Ed on the phone and wish that the dinner fairy would make me something to eat. Other than that, life is pretty predictable these days. And that's fine by me.

*Mormon congregations are called wards and 6-10 wards make up a stake. Every 6 months, the whole stake meets together in "stake conference." That's where I was today.

1 comment:

D. said...
This comment has been removed by a blog administrator.