Peter Paul Accounting

This cartoon reminds me of the financial juggling acts that get so many folks in trouble. Here is a bit of history on the saying:

The expression refers to times before the Reformation when Church taxes had to be paid to St. Paul's church in London and to St. Peter's church in Rome; originally it referred to neglecting the Peter tax in order to have money to pay the Paul tax.

My thinking is that the core issue is debt. The fewer Pauls that you owe will probably result in fewer Peters that you will rob.

1 comment:

  1. Yep, I think this is what is happening to so many people. I snagged the cartoon for my blog, with a H/T back to you.


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