Sharing Daily Discoveries About Personal Finance And Business Topics

Graphs Versus Numbers

Usually when you manage your finances you always look at the numbers to determine if what you are doing is saying making money or causing you to lose money. What was interesting was that a person was telling me today they he didn’t really take number crunching too seriously even if say the data showed him that he was in the red. Instead, it wasn’t until he started to use an accounting software that generated these graphs based on the data he gave when he started to take things more seriously.

Example, seeing a graph with like lines going all the way up to demonstrate profit was a lot more motivating to get him to want to do even better. Or likewise seeing it go down makes him want to take action faster to stop that from happening. Kind of funny if that is all it takes to get someone to take their finances seriously as I guess you can say maybe some people are just very visual where they need that type of motivation.

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