Principles of Accounting I

Introduce yourself to your classmates with your name, location, current employment, and future goals. After introducing yourself, discuss how accounting affects your everyday life. Give an example of a time in your life (or the life of a family member or friend) when accounting affected the outcome of a decision. 

Please include the name of the person or question to which you are replying in the subject line. For example, “Tom’s response to Susan’s comment.”
Hello Everyone! My name is Tim, and I currently live in Dieterich, IL , which is a small town just outside of Effingham, IL. I currently work for Patterson Technology as a Scrum Master working within multiple software development teams. My future goals are to eventually complete my degree and work within project management and hopefully lead one of the many projects that are ongoing within this company.
I think accounting comes into everyday experiences when living within the means that are provided for yourself. Its imperative to know the amount of money you earning vs what you are spending. My wife and I built our home in 2017, and one major factor of accounting influence which bank we were going to process our mortgage through. One bank in town was going to add additional fees which summed up to 4-5 thousand more over the life of the loan, due to them being able to outsource the loan to a third party, so we opted to save that money and located a bank that actually was able to provide a lower APR along with not having any fees, and the loan will always stay with them! 

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