Free Essay

Balance Is Key

In: Miscellaneous

Submitted By Megpig79
Words 1712
Pages 7
Balance is the key to living a happy and satisfied life. Too much focus on work can leave a person feeling empty and shallow but putting all your focus on your family and friends can leave the pocketbook empty and shallow too. Throw in a full time academic career and you have the makings for a real disaster. How do we find a good balance in order to have the happy and satisfied life that we desire?
There is a quote I heard once that says “No one can do everything, but everyone can do something”. I have always remembered that, I believe it was on television around the time hurricane Katrina hit. Although it was referring to volunteering but I think it applies to life too. Maybe we can’t do it all on our own, after all God didn’t put Adam here alone, he gave him a companion, Eve, and they worked together to raise a family and work and learn.
I would like to start off by discussing our work life. Although a person might want to climb high on the corporate ladder, one should not neglect the other important aspects of his life. Do you often find yourself missing out on sleep, not exercising, eating unhealthily, drinking or smoking too much, or otherwise neglecting your body for the sake of work? Do your friends and family members complain about you spending too much time at work? If you are nodding along to some of these, you might be a workaholic.
If you focus all of your effort on your work you may not only be missing out on your children’s growth and life experiences, but your relationship with your spouse can suffer as well as your relationships with your friends and other family members. Many people use the idea of “I want to be able to give my children opportunities I did not have” only to find their children looking back saying “I wish you would have been around more”.
Focusing all of your attention on work can hurt you physically too. Maybe you decide to start working late and getting in to the office earlier. This puts you at a disadvantage in many ways. You are now getting less sleep, your body isn’t getting the exercise it needs to get, and you might be skipping meals or maybe worse, cramming fast food into your stomach in less than 5 minutes. Maybe you decide to make up for the lack of sleep by chugging energy drinks. Energy drinks have been linked to anxiety disorders, loss of vitamins and even heart disease (Mayo Clinic). A report on MSN stated "In Japan, the phenomenon of working hard, and that overwork leading to death, has actually been given a name, Karoshi. This is an amazing event that's occurred in the last 10 years or so in Japan and they have 10,000 deaths a year due to Karoshi."
If you fit the description of a workaholic, let’s explore some ways to get family time back into your workaholic life. One way families can spend active time together is to go out. Parents could take turns in spending time with their children one on one. The father can take one kid and mom can take the other. Depending on how many kids you have will depend on how you split them up. I remember when I was younger my dad would take me out on dates. I always got to pick the place we eat at (most of the time). We would eat our dinner and talk about everything that was new. I always looked forward to going out with my dad! It's a good feeling knowing he cares about me and wants to know what's going on in my life! Then when I went with my mom it was totally different, but it was our time together. You don't even have to go out for dinner you could just all sit at the table and take turns saying what's new and going on in each individual’s life.
Another way families could spend active time together would be to have a Dinner Theme Night. Each person in the family could pick a theme for dinner, and that person would be in charge of the shopping list. Everyone would go shopping together, and help prepare the dinner. The person in charge would also have to make a centerpiece for the dinner table. Each family member could come to dinner dressed in something to go along with the theme. You could make it a challenge by making something to go along with the theme, and share it with the family. Depending on the age of family members you could make it a rule to find out something about the place where your dinner is from. You could use it as a learning time, and make it a fun family time.
A third way of keeping the family together would be to have a game night. I always loved playing games, board games, card games, acting out games, and well just any kind of game. I loved beating my parents. I was always looking for new games we could play as a family. It was hard for I'm the only child, and there is only three of us. Being an only child it was hard at our house to have teams, but with larger families you could do that. You could keep score from week to week with family members, and have play offs at the end of every two or three months. Depending on the age of your family you could spend time building a crossword puzzle. It would be a way to help with spelling, and learning the meaning of a lot of words. It would be fun yet a real learning experience on the side. Friday night is family night for us. We make a point to go out of the house weather it is to a park or a movie or dinner or whatever, we make a point to go out as a family. So you could pick one night to spend together doing whatever. Just make it a priority.
The main idea is, although you may not be able to change that you are a workaholic, you can still put your family time back on the list of priorities and get things more balanced. And let’s not forget date night with the spouse. Hire a sitter for the night and take the wife or husband out for dinner and a movie. Romance keeps the flame burning.
Now, if you are a student then let’s look at how you can implement school into your workaholic, family based life. If you are thinking of going back to school I want to encourage you. I am a full time college student with a part time job and a full time family. It is not easy, it takes planning and focus, but it is well worth it. I am accomplishing goals that I didn’t think I could. I just didn’t think I could find the time. I decided to go back to school because I had been laid off from several jobs in one year. I just could not take another lay off, not being able to contribute to the bank account to pay the bills. I finally decided to look at different schools and opportunities and found Westwood College and the Criminal Justice program to look the most appealing and rewarding. I talked with an advisor at Westwood about my time management and I came up with a plan. I have a chart at home near my desk with my study times and hours devoted to school. Everyone knows not to plan on me doing anything during those times. The hardest part for me is sticking to the plan. When I get to the end of the week and I can relax because I have my work done, that is a rewarding feeling and encourages and motivates me for the next week. So the first step in going back to school is having a plan.
You will need support from your family and friends. Going back to school after you have been out of school for a while presents a challenge not just academically but emotionally. If you enlist the help of your family and friends the pressures will lessen. A good example I have is if you struggle with math, find a friend who is good at math that would be available to help you study and prepare for tests. My girl’s best friend is a math teacher so she offered to tutor me when she heard I was struggling. It has been such a relief. I also get tons of help from my girl when I am writing. She knows that since English is not my best language I will need help and she is always correcting my grammar and English in a helpful way.
I am half way through school now, and although I have found a good job since I started, I am still accomplishing a goal of success and I will feel proud of my accomplishment when I am a Westwood College graduate.
In closing I would like to reiterate that No one can do it all, but everyone can do something. If you make a plan and stick to it, balancing your life shouldn’t be too hard from here on out. Whether you are wanting to start a family, get a new job, go back to school or even just motivate yourself to change the direction you are going in, find a support system and you will be on the right track.

Romeo, a. "Personal Healthcare." onepersonalhealthcare. N.p., 12 Jan 2011. Web. 27 Apr 2011. careerbuilder.com
"How do I know if I'm a workaholic." Workaholics-anonymous. N.p., 2011. Web. April 28, 2011.
Hoak, A. "Adults in session." 27, Jul 2007: 2. Web. 7 May 2011.
Crotti, Nancy. "Balancing Work School and Family." 09 Apr, 2009: 1. Web. 22 April, 2011
Frey, Kathy. "Learning to balance work and family." 13, Apr 2009: 1. Web. 22 Apr 2011.

Similar Documents

Premium Essay

Plan-Training-Session

... 1.3 Prepare journal entries | √ | | 2. Post Transactions | 2.1 Prepare ledger | | √ | 2.2 Transfer journal entries | | √ | 2.3 Summarize ledger | | √ | 3. Prepare trial balance | 3.1 List account titles and transfer from the balance | √ | | 3.2 Summarize trial balance | √ | | 4. Prepare Financial Reports | 4.1 Prepare financial statements | √ | | 4.2 Analyze financial statements | √ | | 5. Review internal control system | 5.1 Check policy compliance | √ | | 5.2 Prepare policy compliance report | √ | | Evidences/Proof of Current Competencies Evidences of Current Competencies acquired related Job/Occupation Current Competencies | Proof/Evidence | Means of Validating | 1. Journalize Transactions | * Demonstration * Certificate of Employment | * Assessment * Authenticity | 1.1 Prepare chart of accounts | | | 1.2 Analyze documents | | | 1.3 Prepare journal entries | | | 3. Prepare trial balance | * Demonstration * Certificate of Employment | * Assessment * Authenticity | 1. List account titles and transfer from the balance | | | 2. Summarize trial balance | | | 4. Prepare Financial Reports | * Demonstration * Certificate of Employment | * Assessment * Authenticity | 4.1 Prepare financial statements | | | 4.2...

Words: 1050 - Pages: 5

Free Essay

Interactive Procedure.Pdf

...to uniquely identify your data. Whenever you see ### in these exercises, replace it with your identifier. Always work with your data. Business Process Overview The financial accounting process allows GBI to pay vendors for services or materials acquired. This process can be used to pay for liabilities that GBI has incurred due to normal operations. This exercise is about paying off liabilities within the accounting statements. Chapter 04 Save Reset Print Chapter 03: Financial Accounting Exercise 03-02 Exercise 04-02 Exercise Prerequisites Chapter 04: ProcurementFinancial Accounting Master Data-SCC Exercise 3-1 Process Exercise 04-02: Basic Procurement Process Exercise Single Company Code Workflow Invest in GBI View Account Balances Purchase Supplies for Cash Purchase Supplies Via Payables Misc. Pay Rent Exercise Deliverables Deliverables are consolidated into one answer sheet at the end of this exercise. For this exercise you will need the following deliverables. In the System:  Journal Entries On Paper:  Document numbers for each step.  Answers to the Questions You may be assigned additional deliverables. Be...

Words: 3323 - Pages: 14

Free Essay

Audit Slides

...Gather information to assess fraud risk 8. Develop overall audit plan and audit program Phase 2 Perform tests of controls & substantive tests of transactions Plan to reduce assessed level of control risk? No Yes Phase 3 Perform analytical procedures and tests of details of balances 1. Perform analytical procedures 2. Perform tests 3. Perform additional tests of details of balances Phase 4 Complete the audit & issue an audit report 1. Perform tests for presentation & disclosure 2. Accumulate final evidence 3. Evaluate results 4. Issue Audit Report 5. Communicate with audit committee & management 1. Perform test of controls 2. Perform substantive tests of transactions 3. Assess likelihood of misstatements in financial statements Accounts in the Sales and Collection Cycle 14-3 Sales and Sales returns Transaction 4 Accounts Sales Accounts receivable Business Functions Processing customer orders Granting credit Shipping goods Billing customers and recording sales Documents & Records Customer order Sales order Customer or sales order Shipping documents Sales invoice Sales transaction file Sales journal or listing Accounts receivable master file Accounts receivable trial balance Monthly statement Credit memo Sales return and allowances journal Sales returns and allowances Processing and recording sales returns and allowances Cash receipts Transaction 5 Accounts Cash in bank Accounts receivable Business...

Words: 2285 - Pages: 10

Premium Essay

Utilizing Capabilities to Increase Stakeholder Wealth: a Balance Scorecard Approach

...Love 4-06-09 Advance Cost Utilizing Capabilities to Increase Stakeholder Wealth: A Balance Scorecard Approach Every for-profit company wants to be at the top of the food chain when it comes to financial wealth and goals. To increase company wealth a firm must balance their scorecard which consists of four key perspectives: financial, internal, customers, and future. I chose this article for my paper because one of my goals in life is to be at the top of the pyramid at a for-profit company. Some of the tools that are mentioned in this article will help me build my foundation on to achieve my goals of reaching top management at a for-profit company. Brief Overview The article discusses how for-profit companies can build and increase their wealth from an internal and external standpoint. The article also addresses how resources are accessed, developed, combined and/or deployed which leads to wealth creation. Taking a balance scorecard approach is one way a company can determine how capabilities can lead to wealth creation. The balance scorecard approach consists of the following perspectives: financial, internal, customers, and the future. The article also proposed a modified balance scorecard which consists of shareholders, customers, employee, and future positioning perspective. The financial perspective is concerned with risk and profit from a shareholder point of view. Public firms are in business to create and increase shareholders wealth. If a firm is......

Words: 827 - Pages: 4

Premium Essay

Financial Accounting 2-3a

...Problem 2-3A Name: Section: Score: 0% Key Code: [Key code here] Instructions Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. Enter the appropriate amounts/formulas in the answer cells, or select from the drop-down list. In journal entries, dates will not be graded. In the general ledger accounts, only the final balance of the account will be graded. An asterisk (*) will appear to the right of incorrect entries in outlined answer cells. For correct grading in the trial balance, enter a zero where you would otherwise leave an amount cell blank. 1. JOURNAL Page 1 Post Date Description Ref. Debit Credit 2012 April ...

Words: 388 - Pages: 2

Premium Essay

Key Finance Concepts

...KEY CONCEPTS OF FINANCE A QUALITY E-LEARNING PROGRAM BY WWW.LEARNWITHFLIP.COM ©Finitiatives Learning India Pvt. Ltd. (FLIP), 2010. Proprietary content. Please do not misuse! Accounting All businesses have financial transactions all the time. These are recorded in a particular way. Businesses can be structured in 3 ways: 1. Proprietorship: business with a single owner. Owner has complete liability for all debts of the company. 2. Partnership: business with 2 to 10 equal owners. All partners share complete liability for all debts of the company. 3. Limited company: Many owners with limited liability for debts of the business; this liability is only up to their capital contributed. There are t two types of limited companies: private and public. The former is held by 2-50 owners privately. The latter has unlimited number of owners, and any member of the public can be a part-owner. A business has numerous transactions which need to be recorded following certain accounting principles and process. Accounting Principles These are called Generally Accepted Accounting Principles, or GAAP. Key GAAPs are 1. Going Concern Concept: This principle assumes that a business will go on, that is, it will continue in the foreseeable future – it has no finite life. We use this principle to project cash flows in the future. 2. Legal Entity: The business is an entity separate from owners; even if it’s a small, one person business running out of home. Therefore the business......

Words: 2036 - Pages: 9

Premium Essay

Bbc Broadcasting & Presentation

...an organisation such as this one, and evaluate the approach taken to measurement “recommended” by the BBC.  Key Success Factors  Identify and Measure the organisation {SWOT&PEST)  Key Performance Indicators  Balance Scorecard  Appraisal & Review of Business Policy Measurement 4 4 5 6 7 9 3 How should the senior team in BBC Broadcasting & Presentation develop their thinking to sustain the momentum of total quality/business excellence?  Pillars and Dimensions of Total Quality Management  Customer Focus  Continuous Improvement  Employee Investment and Empowerment  Systems Thinking  Plan-Do-Check-Act Cycle  Leadership  Customer Focus through Customer Relationship Management (CRM)  European Forum for Quality Management (EFQM)  Balance Scorecard Programme Management Process (BSPM)  Establishment and set up of Programme Office  Strategic Analysis  Strategic Development  Strategic Implementation  Strategic Implementation: Measure and Appraise 10 11 11 12 14 14 15 16 16 17 19 19 21 22 22 23 4 Conclusion 24 5 Bibliography 25 Executive Summary BBC Broadcasting & Presentation began their quality journey when their mission statement was emerged out of a lengthy process. They develop objectives that connected to their mission. To deliver their mission they had critical success factors and key performance indicators than linked to the critical success factors. They also assigned owners to each critical......

Words: 5405 - Pages: 22

Premium Essay

Case Study

...annual report. They think it’s all about financial statements and nothing else. But it doesn’t only consist of financial statements, but it contains a lot of useful information which explain every why behind every what. So, it’s not about numbers only. It’s just like a story about the company which was being told in a systematic manner with an evidence of financial statements like balance sheet, profit and loss account and cash flow statement. Let’s see the structure of annual report Before going into detail, let look at the structure in which the annual report is usually arranged – * Company Information * Notice of the AGM (Annual General Meeting) * Director’s Report * Corporate Governance Report * MDA (Management Discussion & Analysis) * Auditors’ report * Financial Statements (Balance Sheet, Profit and Loss and Cash Flow Statement) What will you find in detailed analysis of the annual report? 1. Company Information – It contains information mainly regarding CXO levels of officers, executives, board of directors, auditors, registered offices, factories and branches. Key point: It’s just the overview of the company before going into further detail. 2. Notice of Annual General Meeting –...

Words: 728 - Pages: 3

Premium Essay

Balance Score Card

...Business Model and Strategic Plan Part 1 BUS/475 Business Model and Strategic Plan Part 1 Scorecard Four Balanced Areas For Measures | Strategic Objectives | Measure | Metric | Target Year 2 | Target Year 2 | TargetYear 3 | Financial | Improve Profitability | Improve return on investments | ROIC | +2% | +3% | +4% | | Improve Revenue | Improve overall Revenue for the company | Revenue | +3% | +4% | +5% | | Increase Assets | Strengthen Financial Resources | Cash Flow | 5% | 5% | 5% | Customer | Customer oriented growth | Increase total number of customers | Market share | +3% | +5% | +7% | | Increase customer satisfaction | Customer satisfaction for goods | Customer surveys | +5% | +10% | +15% | | Increase obesity and healthy living awareness | The amount of customers signing up for monthly newsletters | Customer enrollments | +25% | +40% | +50% | Operation or Process | Improve productivity | Reduce the time to launch products | Product development cycle time | -3% | -5% | -7% | | Improve Physical Resources | Increase the efficiency of current products that product products | Product development | +3% | +4% | +5% | | Reduce Waste | Decrease the total amount of waste at the production line | Expense | -3% | -5% | -8% | Learning and Growth | Improve leadership by reducing turnover | Retain top management positions | Management turnover rate | -20% | -30% | -50% | | Implement a unique work-friendly culture for employees to continue to...

Words: 1803 - Pages: 8

Premium Essay

Accounting

...Principles of Accounting: Volume I Principles of Accounting: Volume I Editor-in-Chief: Steve Wainwright Sponsoring Editor: Christina Ganim Director of Editorial Technology: Peter Galuardi Development Editors: Denis Ralling and Dan Moneypenny Assistant Editor: Nick Devine Editorial Assistant: Laura Wilson Media Editor: Kimberly Purcell Composition: Lachina Publishing Services Cover Image: © T-Pool/Stock4B/Corbis ISBN-10: 1-62178-014-7 ISBN-13: 978-1-62178-014-4 Copyright © 2012, Bridgepoint Education, Inc. All rights reserved. GRANT OF PERMISSION TO PRINT: Bridgepoint Education, Inc., the copyright owner of this material, hereby grants the holder of this publication the right to print these materials for personal use. The holder of this material may print the materials herein for personal use only. Any print, reprint, reproduction or distribution of these materials for commercial use without the express written consent of Bridgepoint Education, Inc. constitutes a violation of the Copyright Law of the United States of 1976 (P.L. 94-553). Brief Contents Chapter 1: Introduction to Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Chapter 2: The Accounting System . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 Chapter 3: Income Measurement and the Accounting Cycle . . . . . . . 53 Chapter 4: Cash, Receivables, and Controls . . . . . . . . . . . . . . . . . . ....

Words: 1222 - Pages: 5

Premium Essay

Second Task

...Charles T. Horngren (Author), Gary L. Sundem (Author)) Write your answer in the space provided or on a separate sheet of paper. QUESTION 1 Designate how each transaction would be reported on the statement of cash flows using OP for operating activities, IN for investing activities, FI for financing activities, I for an inflow of cash and O for an outflow of cash. If the transaction is included only in a supplemental schedule, denote this as SS. Section Inflow or Outflow 1. Paid cash dividends ________ ________ 2. Purchased 6 months of insurance in advance ________ ________ 3. Sold inventory for cash ________ ________ 4. Purchased equipment signing a two-year note ________ ________ 5. Collected accounts receivable balance from a customer ________ ________ 6. Sold shares of another company's stock held for speculative purposes ________ ________ 7. Reclassified a note from long term to short term ________ ________ 8. Issued bonds at a premium ________ ________ QUESTION 2 The following data pertains to Joss Decorating for the year of 2012: a. Salaries and wages: accrued, $175,000; paid in cash $200,000. b. Depreciation, $50,000. c. Interest expense, all paid in cash, $12,500. d. Other expenses, all paid in cash, $112,000. e. Income taxes accrued, $35,000; income taxes paid in cash, $33,000. f. Bought plant and facilities for $365,000 cash. g. Sales of $1,500,000, all on credit. Cash collections from customers, $1,250,000. h. The cost......

Words: 1187 - Pages: 5

Premium Essay

Worklife Balance

...Under Pressure Implications of Work-Life Balance and Job Stress Human Solutions™ Report | 2006–07 Fall 2006 Dear Valued Customer: Welcome to the first Human Solutions™ Report: Under Pressure. Implications of Work-Life Balance and Job Stress. The report was written by Graham Lowe, PhD, a thought leader in the arena of workplace health and productivity. This is the first of a series of empirical reports that we will publish for you on an annual basis, each on a relevant and timely topic or theme. The Human Solutions™ Report stems from our pledge to bring you relevant and practical recommendations concerning your most significant human capital-related issues. And it reflects our attempt to counter the wealth of unsubstantiated and potentially misleading information about workforce issues circulating in the general media and other sources. In this Human Solutions™ Report , we analyze two comprehensive Canadian workforce surveys using key questions pertaining to work-life balance and job stress. We recognize that quality of work-life is a pressing business issue for you and a necessary ingredient for a successful business strategy. Yet to craft effective solutions to work-life issues, it is paramount that you have solid evidence on the scope and nature of the problems that are faced. This is what the Report endeavours to provide. As a customer whose opinions are important to us, we welcome your feedback. As well, we look forward to hearing about topics and issues you......

Words: 5663 - Pages: 23

Premium Essay

Accounting Week1

...The Importance of Financial Statements Accounting is one key function in organizations today. It is also becoming a top career students are studying. According to Weygand (2008) accounting consists of three key points –it identifies, records, and communicates the economic events of the organization. (p. 4). To grasp the concept of accounting this paper entails the purpose of accounting. The four basic financial statements are identified. The paper will also explain how financial statements interrelate with each other. It will further elaborate the importance to creditors, investors, managers, and employees. Companies need financial information to make decision on various aspects of a business. The most important purpose of financial information is to help determine profit or loss in business. Its shows the most popular products use over a period, which ultimately define the customers’ preference. They first key point of accounting mentioned above is identifying, which means the accounting department in each organization uses an accounting system or manually to identify the financial transaction. The second key point is to record it in a manner, which is understandable to track the organizational goals. Example, Hotels group financial transaction by departments –front office and restaurant transaction in a hotel are group individually to determine each department gains and losses. The third key point is it communicates. The information is communicated in forms of reports...

Words: 692 - Pages: 3

Premium Essay

Application of Financial Statement

...Q1. Select either the balance sheet or income statement and explain how the use of it may be applied to your everyday life? I have selected balance sheet to examine in this assignment. Balance sheet consists of the assets, liabilities and equity held by a firm. Both assets and liabilities are classified into short term and long term depending on the time period. Liabilities are what company owes to its creditors, customers and suppliers whereas assets are what company own. The shareholders equity is mainly the investments of investors and owners in the firm. The balance sheet can be applied to our day to day life in the following ways – a) Balance sheet gives a clear picture of our financial strength in terms of cash availability or liquidity. The liquidity helps us to plan better in short term as well as long term. b) Balance sheet tells us how much our debtors owe to us in terms of the accounts payable. This would help us to calculate the turnover rate and plan the forecasting. c) Balance sheet also gives the amount of debt we have from external borrowings. The debt to asset ratios help us the understand the health of the firm and future borrowing power d) The key ratios like inventory turnover ratios, accounts receivable ratios, accounts payable rations, debt to equity ratios, liquidity and quick ratios help us to understand how leveraged the firm is and indicates the financial strength. Q2. Using the same concept selected above, discuss how a business manager may......

Words: 542 - Pages: 3

Premium Essay

Employee Engagement

...[pic] Work-life balance, employee engagement and discretionary effort A review of the evidence March 2007 Literature review by Dr Mervyl McPherson of the EEO Trust. Extracts from this publication may be copied and quoted with acknowledgement. ISBN No: 0-9582233-4-3 Equal Employment Opportunities Trust PO Box 12929 Penrose Auckland New Zealand Phone: 64 9 525 3023 Fax: 64 9 525 7076 Table of Contents Preface 3 Executive summary 4 1.0 Introduction 6 2.0 Definitions and evidence of relationships 6 2.1 Work-life balance 6 2.1.1 Productivity 7 2.1.2 Relationship between work-life balance and productivity 8 2.2 Workplace/work-life culture 11 2.2.1 Relationship between work-life balance and workplace culture 12 2.3 Discretionary effort and employee engagement: going the extra mile 16 2.3.1 Relationship between discretionary effort/employee engagement and productivity/profitability 20 2.3.2 Relationship between work-life balance and discretionary effort 21 2.3.3 Relationship between workplace culture and discretionary effort 23 2.4 Summary of inter-relationships of key factors 24 3.0 Changing a workplace culture 26 3.1 Case studies of culture change 27 4.0 Conclusion 29 5.0 References 30 Preface Employee engagement has been identified as critical to competitive advantage in a labour market where skilled,......

Words: 10548 - Pages: 43