Finance is interesting if you are familiar with mathematics. If you are familiar with the branch of mathematics called differentiation, there was a rate of change. You will appreciate its beauty. For example, when you throw ball a, the trajectory of the ball can be expressed by differentiation. Similarly, the complexity of a company and its effectiveness in business can be expressed in terms of financing.
In accounting, the profit and loss statement, balance sheet and cash flow statement describe the position of the company at a certain point in time. All mathematical operations require only addition, subtraction, multiplication, division, percent and ratio.
In addition, finance can be used to predict the future performance of the company, the value of the company, retirement planning, since how many years will it take to pay off mortgage debt, etc.
Everyone should and should have basic financial knowledge. Financial ignorance will have a detrimental effect on a person’s wealth.
I really like to check children for this calculation, the question was that 5 liters of detergent a are sold for $ 10.50, and 3 liters of detergent b for $ 6.90. What is the cheap price?.
The answer is a clear step without any calculations. many children studying separation and encouragement could not give the right answer because they did not understand the concept of encouragement.
Money can help you achieve financial independence at a young age. This is all the more relevant now, when lottery tickets were the most common in technology before the crisis.
Consequences of the global financial crisis of 2008. Why do we live around this parasitic creature ? The answer is quite complex and interesting.
It seems that money binds many things together. this is the channel through which so much production activity takes place. The production of ordinary goods and services through savings and investments, risk transfer, etc. If you interpret financial signals correctly, you can help us understand the general trends of the company.
At first, personally being a financial analyst was very interesting, but over time it became unbearably boring. But many people stay in finance throughout their careers .
At first I thought that the work that the CEOs/CFO of a large company would do and advise on multi-million or multi-billion dollar transactions was extremely exciting. But then I finally realized that I could be replaced by a monkey because of work.
What I was doing didn’t require problem solving or a lot of critical thinking, other than the fact that the model is connected and correct. As soon as I mastered the technical aspects of the work and learned little about the company, the numbers went through the model, I became so bored.
Everyone should consider finance as a starting point for a career in business. If you like numbers, you want a decent salary, you want a safe job, do it for life, but don’t really care about having a profound impact on the world.