Creative accounting… it’s not just for companies.

I don’t know if you all do this but we do it A LOT…  We plan to spend money, sometimes a lot of money.  Then we decide not to spend it and we feel as if we have “saved” all that money.  Then we get to spend some of that “saved” money relatively guilt free.

Take for instance our little smarty phone plan.  We were going to switch our cell service to Verizon (before they get rid of their unlimited data plans on 7/7) which would have cost $460 in early termination fees.  Then if the CFO and I bought Smarty phones it would cost between $198 – $248.  Plus you must pay a $30 per line activation fee and we have four lines on our family plan.  No, the Triplets don’t have phones yet:)  So we were getting ready to shell out about $828!  That’s a lot of money for not getting much new plus our monthly bill would have gone up $60 – $80 bucks.  See, just by deciding not to do that and stay with AT&T we are saving a lot of money:)

The CFO in her wisdom figured this out Friday and came up with a solution… an Ipad2 on AT&T with a data plan of $15 – $25 per month!  See, what a savings:)  But seriously it does make a lot more sense as she can carry the Ipad2 since she carries a purse.  She can also use it in her new position during presentations to clients and while traveling to Skype with the Triplets.

Now we just have one more problem…. Angry Birds.  All five of us are addicted:)

To knock a thing down, especially if it is cocked at an arrogant angle, is a deep delight of the blood.
George Santayana (1863 – 1952)
Statistics: The only science that enables different experts using the same figures to draw different conclusions.
Evan Esar (1899 – 1995), Esar’s Comic Dictionary

Al

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One Response to Creative accounting… it’s not just for companies.

  1. MOM says:

    Oh, my!! You learned some very interesting accounting when you were growing up with a Mom who was a CPA!!!! Strange—my mind works the same way!!

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