When Debits Become Credits

I remember college accounting courses. The debits and credits, though!! Google tells me I wasn't the only one who faced confusion with this concept, with top search results "How can I better understand debits and credits in accounting? I'm pretty sure this is the most confusing thing in my basic accounting class."

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Knowing the reason why we debit and credit transactions is easier if we understand fully the relationship of the account type to debit and credit.

Debits and credits is the system used for recording accounting transactions. A debit or credit transaction can increase or decrease balances, depending on the account type (asset, liability, equity, revenue, and expense). This forms the basis for double entry bookkeeping, which requires equal debits and credits. The underlying transactions are recorded in detail on the general ledger and are later combined to form financial statements.

But WHY are you talking about accounting on a health website, you ask?

I was always so confused when I found out what I thought were supposed to be debits were actually credits, and vice versa.   But as it is with accounting, so it is with our health and many other things in life.

In the universal law of reciprocity, otherwise known as Sowing & Reaping, we sow and we reap, or also we give and we receive.  With time, what we sow, also multiplies; because when we sow a seed, it is designed to multiply.  Let’s look at the Word for an example.

When Paul the Apostle sought support from the Philippians in chapter four, he said this:  ” Not that I desire your gifts; what I desire is that more be credited to your account.”  In other words, he was asking them to DEBIT their pocketbooks, in order that they would be CREDITED for their good deeds.  We can apply this to our health and healthcare as well. 

Many people including myself feel the pain when it comes to healthcare; whether it is alternative or conventional.  We regularly debit money out of our bank accounts for our insurance, where our account is credited at the insurance company until we hit our maximum outlay for the year garnered in premiums; and then, alas, with the new calendar year, that zeroes out again and we start all over. {SIGH}.  In the event of insurance, we are banking on getting sick, and giving with the assurance that maybe 80% or thereabouts may be covered by the premiums that we sowed. 

Trouble is, it’s like term life insurance; if we don’t DIE, we won’t reap anything, correct?  Not to be crass, but that is the bottom line.  We pay for peace of mind; and may continue to roll the dice with our health; playing the odds and not being too worried about life until a bad test result or a Big Event comes to take things up a notch.  Or down.

With alternative health care, holistic health services are not usually covered by insurance.  All of us feel the pinch, especially those of us who have no insurance; everything comes out of our own pocket. 

However any time we SOW to our health, we will experience a “debit” of something; time, expense, energy.  But we have to see it with new eyes:  we are actually CREDITING an account that will reap a reward.  In health, in longevity, and vitality.  It’s an Universal Law, and it is an absolute, a constant.  That pain may be incremental in our wallets temporarily, but ultimately it could not only save our life, but It could also REDUCE the expense due to catastrophic illness or even death.

We who are dog lovers have a slogan:  “Pay the grocer, or pay the vet.”  We know all too well when we cut corners on our pet’s diet, they suffer and incur big ticket items at the vet office.  Are we any different?  Are we of no more value than our pets?

“An ounce of prevention is worth a pound of cure.”

It's easier to stop something from happening in the first place than to repair the damage after it has happened.

When we begin to INVEST in our health; our reserves, our strength, our vitality, our ability to thrive will soar!  It’s an INVESTMENT, and it will be CREDITED to your health.  If we begin to see it as such, knowing our worth, we will not look at it as an expense or a debit or a painful thing any longer, but for what it is, sowing and reaping multiplied REWARDS!

Are you ready to join me on this journey?  Let’s talk, soon!!!  I am dedicated to making the pinch of investment well worth every penny, setting you on a trajectory that is straight and streamlined!  Let’s end the confusion, and get started!  You ARE WORTH IT!

With love,

Kelly