Alan Greenspan Quotes

Life is like a cash register, in that every account, every thought, every deed, like every sale, is registered and recorded.

I am not a bookkeeper!

I took business and economics courses. More than anything, I learned the proper steps and the things that need to be outlined. You have to keep your books: how much money you made, how much money you're spending, what you profited, and what you're gonna need for expenses.

It all comes down to money.

You cannot continue to pay what you don’t have.

Don't ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.

Most people don't reconcile their bank accounts.

Learning how to keep track of inventory and cash flow and creating an income statement and a balance sheet are great skills to learn for managing existing businesses.

I do my taxes. I do my own bookkeeping. I pay rent.

It sounds extraordinary but it's a fact that balance sheets can make fascinating reading.

Accounting was the course that helped me more than anything.

In 1844, there was a balance of perhaps of a couple of thousand dollars on the cr side.

The Profit and Loss Statement tells you a lot about how your business is doing. It can also help you to determine ways that you can go about saving money so that you get to bring more money home! Basically, the P&L statement measures all of your income sources verses all your business expenses for any given period of time.

I was always taught that book keeping was more relevant than book reading. The only thing worth reading was meant to be a balance sheet.

Journalists ask me all the time, 'Akshay, do you believe in the numbers game?' My standard response: 'I can't count, that's why I have producers and accountants who calculate for me. As long as I have them in my life, I don't need to worry about numbers!'

A pile of bills and statements - whether paid or not - is a sign that someone is clueless about what's coming in and going out.

I have a business manager and a book-keeper who deals with our household bills. My husband and I sit down with her for a weekly report on how much money is going out, but I'm not terribly interested, and I don't have the patience for it.

Americans know that war must be paid for and it is they who must pay for it.

The difficult thing about the way we do peacekeeping now is that there is no budget for it.

I have some classes in accounting, but I don't know anything about accounting. I - you know, when my accountant tells me all the things he does, it's a foreign language to me.

We all have to pay our bills. We all have to pay our taxes. Straight up.

I actually studied accounting in college. So I'm a CPA.

You will always need more capital than you think, because it will always take you longer to reach profitability than you can imagine.

No business is good when, on the last day of the month, you're like, 'What was the usage for the month?'

Keeping accounts, sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You won't eat less beef today because you have written down what it cost yesterday.