Why Bother With Bookkeeping?

Have you ever found yourself staring at your bank account balance and wondering where your money went?

While we often know exactly what we're earning, most of us are much less aware of what we're spending. Keeping track of both business and personal expenditures is essential for achieving our financial goals.

To reach our personal financial goals, we must first understand our current position.  

Consider the navigation system in our car.  When we input our destination, the system cannot give us any directions at all until the satellite pinpoints our exact current location. Only then can it direct us toward our destination.  If we get off track, it will recalibrate to get us back on track and heading toward our desired location. 

Knowing our financial status operates in the same way.  We must have a clear understanding of our present financial standing in order to chart a successful path forward.  We need updates along the way to let us know if we are on track or if we need to make adjustments to realign with our "desired destination."

Bookkeeping gives you the information you need so that you can direct your business and personal finances toward your desired outcome.