Originally Posted By Glenn
"...one should plan the financial statement to achieve the results we want."

Or, to use the technical accounting answer to the question of how much 2 + 2 is: "How much do you want it to be?"

I like the idea of needing a financial analyst AND a tax accountant for backpacking. We could call it the Accountants' Full Employment Act. (Oh, wait, that's what we call it every time they pass a tax simplification act.)


Glenn,

It's hard to keep this in the spirit of carrying my brother 5 miles to school...

The original formula is cost per pound. But it fails to include the time factor.

Let's just say for the sake of having numbers.

The limit of cost as the weight approaches minimum possible is $4,000. (We need to add some calculus to appease the math majors.)

Of course we need two equations so we can the simplex method to solve them.

The limit of cost as functionality approaches Fmax = $5,000.

Then for each piece of gear, we would have to have cost per mile or day of use.

Surprisingly, the triple entry accounting method solves these equations.

It may be cheaper to buy the best gear early rather than have a progression through cheaper gear that won't last or a person won't be satisfied with.

Making a financial plan before it actually happens would encourage a person to set aside money for replacement of gear when it is needed.

I don't think backpackers are the type of people to do this.


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