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Learn ALL About Finance Step-by-Step A to Z

 Learn ALL About Finance Step-by-Step Beginners Guide Learn 

Learn about finance it is important for everyone because financial knowledge helps your life going better or improve your lifestyle and secure your future because money is everything for your survival if you learn finance then you grow your money and help you financially and financial problems if you start any work or if you like to get the education you need money that's why you need finance for managing your money  and secure your life-related to money so please read about finance and make your life better and this post help you  learn all about finance step by step a to z

What is Finance?

Finance is defined as the management of money and includes activities like investing, borrowing, lending, budgeting, saving, and forecasting. There are three main types of finance: (1) personal, (2) corporate, and (3) public/government.

Why Financial Education is important?

What is financial literacy? Or what does financial literacy mean?

Why is financial literacy important and how to become financially literate?

Mr. Smart will answer all these questions one by one. Firstly, let us define financial literacy.

Financial literacy is the ability to take SMART FINANCIAL DECISIONS which results in DESIRED FINANCIAL OUTCOMES. It is not about knowing the stats and complex financial concepts. Basic financial literacy is simply the ability to make the right financial decisions in personal finance. A college dropout may be more financially literate and successful than a Ph.D. or an MBA.

In fact, educational institutions focus only on scholastic and professional training. They do not teach what is financial education. These institutions do not fully honor the importance of financial education. That is the reason why so many brilliant physicians, engineers, accountants, lawyers, artists, and civil servants struggle in their financial life. They know how to earn money but they really don’t know how to manage money well. So, teaching financial literacy is entirely left to parents. Or the cold, practical world teaches the basic lessons of money a hard way.

10 Levels of Financial Independence 

10 Levels of Financial Independence And Early Retirement | How to Retire Early.

Long-term financial goals can sometimes seem so big that they feel almost unattainable especially when we’re just getting started on our road to financial independence. I and many others like me in the financially independent retired early community has found it helpful to break down the goal of becoming financially independent into smaller and more manageable levels of financial independence. Not only because it makes it easier for us to track our progress, which in turn helps us to stay motivated throughout the process, but also because it helps us get over that initial hurdle of starting to chip away at this mountain of a task. In today’s video, I’m going to take you through what I consider to be the 10 levels of financial independence as well as give an example of how to go from the first level to achieving Financial Independence in your lifetime.

 The Difference Between Finance And Economics

Finance and economics are often taught as separate subjects, but they are interrelated disciplines that influence one another in many ways.

Economics is a social science. It studies the production, consumption, and distribution of goods and services, as well as larger topics such as inflation, recession, and supply and demand. It explains how a government taxes and spends. It teaches the impacts that policy and events can have on business conditions, and it gives investors a tool to use when analyzing companies and markets.

Careers in economics include teaching and research. Banks and other corporations employ economists to forecast growth, inflation, interest rates, and so on. Some investors listen closely to what economists say about the markets and others don’t.

In many respects, finance is an offshoot of economics. Individuals with economic backgrounds have made some of the most notable achievements in finance

History of Finance

Walk with us through time as we trace the history of sustainable finance. Find out how finance evolved from the very first banks in the 15th century, to the industrial revolution in the 1800s and finally with the onset of modern-day sustainability movements starting in the early 1960s.

Reasons Why you Need a Financial Plan

In this video, we would discuss the importance of financial planning and why financial planning is important to fulfill your goal.

Benefits of Financial Planning

would you be managing your business well or working hard in your office you are making nice money and spending it carefully however are you checking your income-expenditure balance is it up to your expectations have you made any financial goals and if you have then would you be able to achieve it what about your retirement plan these are some of the basic questions which you should ask yourself your financial plan will incorporate these areas to enable you to realize your dreams and goals financial planning addresses the need

to reduce and eliminate debt and a good plan will devise a debt management strategies to help you accomplish this today we are sharing

 20 benefits of financial planning for your personal life and business

  1. a financial plan can accelerate savings
  2.  a financial plan instills confidence number three help you reach your goals
  3. four helps decision making
  4.  gives peace of mind number
  5.  safety net for the future
  6.  optimum use of resources
  7.  can help you live comfortably
  8.  better standard of living
  9.  reduce your cost of personal finance
  10. use the metrics approach to manage your money
  11.  improvement in portfolio return on investment ROI number
  12. improves risk management
  13.  discipline in managing money
  14.  measure and improve asset allocation
  15.   future visibility
  16.  great source of motivation and commitment
  17.  estate distribution number
  18.  professional approach
  19.  identify good and not so good areas
  20. your life is safe related to money

 a retirement plan is an important part of your financial planning as the investments will provide your future source of income after you have left the workforce having a proper plan in place will help to motivate you and help you gain knowledge of financial matters the real benefits of financial planning will be apparent whenever you are faced with an unexpected event and you find you are able to cope financially there are several tax benefits and incentives that are offered from time to time by the authorities taxpayers can avail of these benefits effectively people should have an eye on the future while managing the finances for their families probable changes in the economic the scenario should be kept under consideration too for those of you who have a spouse and children your financial planning includes many more factors that need to be considered such as saving for your children's education your own retirement your home maintenance and other expenses that come with raising a family these are the type of things you want to consider for your financial future living in the present is a great way to live life but when it comes to your financial security planning required to achieve successful results if you found this video helpful then like share and subscribe to our channel to get future videos thanks for watching this video

Introduction To Financial Management

The Financial Management Service (or FMS) was a bureau of the United States Department of the Treasury and provided several financial services for the federal government. Secretary of the Treasury Timothy Geithner issued a directive merging the FMS with the Bureau of the Public Debt to form the new Bureau of the Fiscal Service

Sources of finance for the business are equity, debt, debentures, retained earnings, term loans, working capital loans, letter of credit, euro issue, venture funding, etc. These sources of funds are used in different situations. They are classified based on time period, ownership and control, and their source of generation.

sources of finance

Sources of finance explained. Covers capital expenditure and revenue expenditure.

How many types in finance?

There are two  main types of finance:

  1. Debt Finance and
  2. Equity Finance.

The other types of finance are

  1. Public Finance,
  2. Personal Finance,
  3. Corporate Finance
  4. Private Finance.

What is finance loss?

loss of money or decrease in financial value. nonpayment, nonremittal, default - loss resulting from the failure of a debt to be paid. capital loss - the amount by which the purchase price of an asset exceeds the selling price; the loss is realized when the asset is sold.

How to learn finance

How to learn finance? Welcome! You have come to the right place. I’m Philip, the host of the Finance Storyteller channel, and I believe my channel is the best place for you to learn about finance. I have made 150 videos for you on various aspects of finance. Each video describes a finance topic in the simplest way possible and has various examples of how this actually works.

A great way to get started is to go to playlists, where I have grouped videos by topic and by user group.

For example, if you want to start your own company, then the finance for business owners playlist is very relevant for you, as it explains to you how to put the financials together for your business plan, how to generate more cash, how to manage your working capital.

If you are an MBA student, then the finance case studies playlist is a great place to start, as I walk through examples of the actual income statement, balance sheet, and cash flow statement of companies like Alphabet Inc (Google), Amazon, and Tesla.

If you want to invest in the stock market or learn the basics of accounting, then there are playlists for that as well.

You can also search for specific financial, accounting, or investing topics in the YouTube search bar. If you type in for example deferred tax assets, you will see my very recognizable thumbnail with the blue title bar at the top, and the cartoon image of myself on the left.


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