Clever accounting by children (1)

This may be an apocryphal story relating back to the childhood of an unnamed top accountant. 

She explains that as a young child she played a game with her parents' friends whenever they came to visit. 

Apparently they found it hugely entertaining that, when offered a choice between a 50p coin and a pound coin she always took the 50p coin. 

One day, her grandfather saw this happening and called her over to explain things: "You must understand, a pound coin is twice as valuable as a 50p piece, so you should always choose the pound coin." 

The future top accountant replied: "But Grandpa, then people will not offer me any money."

Five funny money and tax one-liners

“It’s tax time. I know this because I’m staring at documents that make no sense to me, no matter how many beers I drink”

- Dave Barry

“This would be a much better world if more couples were as deeply in love as they are in debt” 

- Earl Wilson
“I love America, but I can’t spend the whole year here. I can’t afford the taxes”

- Mick Jagger

“A bank is a place that will lend you money if you can prove that you don’t  need it.” 

- Bob Hope

“A father is someone who carries pictures in his wallet where his money used to be" 

- unknown

Financial one-liners

Comedian Samantha Baines at Edinburgh 2017: "I'm selling my old tennis equipment but I can't work out what's the net worth."

In a similar vein:

• How does Santa's accountant value his sleigh? Net Present Value.
• The most successful investor was Noah. He floated stock, while everything around him went into liquidation. 
• I saw a bank that said it offered 24 Hour Banking. So I didn’t go in. I didn’t have that much time. 
• A long term investment is a short term investment that failed.