On a day when Larry and I were sitting around shooting the breeze (which didn’t happen all that often, I might add), I remember laughing as he told me about his pickle jar theory of accounting. I had never heard of it, so I asked the obvious question.
“It’s simple,” he explained, grinning. “You take two big pickle jars. One is for the money coming in, and the second is for the money going out. As long as there’s more money in the pickle jar for the money coming in, everything is fine.”
To this day I smile when I remember his joking explanation, and I myself have since used his pickle jar analogy more than a few times when making light of a financial situation.
Back in my flight training days, we discovered another use for the pickle jar.