Thanks for visiting Capital Advisor. I frequently update this blog to cover various topics on personal finance such as investment strategies, financial products that you should buy and ones that you really should stay away from, financial calculators, emerging themes such as early retirement and financial independence, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.
I learnt a cool accounting trick today. We had to play a game of Monopoly in class. Unfortunately, my teammate and I ended up with a cash imbalance at the end of the game. Don’t ask me how, but we did! The missing cash meant that our Balance Sheet and P&L Statement would not match. Thinking hard, we came up with a genius of a solution; stolen cash. Yep. If you ever take an accounting class in your MBA, remember that “stolen cash” as an expense item can save your butt.
Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.