Check Out Our Blog Posts

Cash Compass: Navigating Your Finances

8/27/24 From Dollars to Digital—Mastering Your Finances in Every Currency 💰📊

August 27, 20244 min read

Funny Money:

Discover the world of quirky currencies!

From giant stone disks in Micronesia to knife-shaped money in ancient China, history is full of fascinating ways to trade and exchange.

Check out these unique designs that tell stories of culture and creativity across the ages!

The Rai Stones of Yap (Micronesia)

  • Time Period: Still used in some traditional exchanges today.

  • Design: These giant stone disks, some as large as 12 feet in diameter, are carved from limestone and often have a hole in the center. The stones are so heavy that they aren't physically moved; ownership is simply transferred.

  • Quirk: The value of a Rai Stone is determined not just by its size, but by its history—such as how many people died while transporting it!

The “Card Money” of New France (Canada)

  • Time Period: Late 17th to early 18th centuries

  • Design: Playing cards were used as currency, with the value written on the back. These cards were accepted in place of official currency when there was a shortage of coins.

  • Quirk: Some of these playing cards bore the governor's signature, turning a game of chance into a literal exchange of value!

The Knife Money of Ancient China

  • Time Period: Circa 600 BCE to 200 BCE

  • Design: This currency was shaped like small knives, complete with a handle and blade. The inscriptions on the blade indicated the value and the issuer.

  • Quirk: The unusual shape made it both a tool and a currency, which could be used in trade or as a weapon in desperate times.

The “Coin Spoons” of the Congo (Africa)

  • Time Period: 19th century

  • Design: These spoon-like objects were used as a form of currency. They were often ornately designed and made from metal, sometimes with intricate engravings.

  • Quirk: The "coin spoons" were both functional as eating utensils and valuable as currency, blurring the line between daily necessity and wealth.

Aren't you glad currency has changed over the years? Could you imagine eating dinner with your money?

small business bookkeeping

Who You Need To Know:

Meet Sasha Lewis, the brilliant mind behind INICIO! 🌟! 2020, INICIO was founded with the goal of allowing entrepreneurs to find their voice and impact, while marrying their passions to create seriously successful brands. We offer branding, brand strategy, social media management, web design, and consulting. Our team utilizes our signature framework of Clarity, Cohesion and Expasnion to accomplish results like successfully increasing rates by 700% and booking out each offer, in addition to scaling their business full-time allowing them to leave their corporate job. At INICIO, we operate a little differently. We are creatives dedicated to allowing the skills and talents that you have shine simplistically. So much so, that being a business actually is enjoyable + fulfilling. It's provoking + feels genue.

In 2020, INICIO was founded with the goal of allowing entrepreneurs to find their voice and impact, while marrying their passions to create seriously successful brands. We offer branding, brand strategy, social media management, web design, and consulting.

Our team utilizes our signature framework of Clarity, Cohesion and Expansion to accomplish results like successfully increasing rates by 700% and booking out each offer, in addition to scaling their business full-time allowing them to leave their corporate job.

At INICIO, we operate a little differently. We are creatives dedicated to allowing the skills and talents that you have shine simplistically. So much so, that being a business actually is enjoyable + fulfilling. It's provoking + feels genuine.

How can you connect with Sasha? Click the link below

Website

small business tax

Tips and Trivia:

Don’t let your bank statements gather dust—reconciling them regularly is like giving your finances a good, old-fashioned tune-up!

Your books and bank account should be perfectly in sync, with no pesky surprises lurking around the corner.

By checking your statements regularly, we can catch any sneaky errors, spot unauthorized charges, and ensure every penny is where it should be.

Plus, there’s something oddly satisfying about seeing those numbers match up, like solving a mini-mystery each month

TRIVIA TIME!

Respond to this email with your answer to be put in the August drawing!

What is the term for the accounting principle that requires revenue to be recognized when earned, rather than when received, and expenses to be recorded when incurred, rather than when paid?

Business bank account

Let us mind your books,

so you can mind your business

We’ve Got Your Finances Covered!


From keeping your books balanced to making sure your team gets paid on time, we specialize in taking the stress out of your finances. Our all-in-one services include everything from bookkeeping magic to payroll wizardry, plus we’ll handle your A/P and A/R like pros. We’ve got the tools to meet the unique financial needs of your business, so you can focus on what you do best—running the show!

NEW! Let's Make Money Together!

We are excited to announce our brand-new affiliate program!

Thanks to some fantastic referrals, we are eager to show our appreciation with cash rewards!

Bookkeeping, small business, entrepreneurs,  business owners


Back to Blog

Contact Us

  • Mon-Fri 9am-5pm EST

  • 1-877-763-4801

  • kim@gbslou.com

© Copyright 2022. Company Name. All rights reserved.

2022 All Rights Reserved.