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you dont be stupid and go spend all your money on things you cant afford!

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12y ago

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Why do you need to know about financial institutions?

Because you will need to know how to maintain a bank account, make decisions about credit, and use a debit card.


Why is it important to know what interest rates terms of an agreement and present value are in relationship to future value when making financial decisions?

Understanding interest rates, terms of an agreement, and present value in relation to future value is crucial for making informed financial decisions because these elements directly affect the potential return on investments and the cost of borrowing. Interest rates determine how much your money can grow over time or how much you will pay in interest for loans. Present value helps assess the worth of future cash flows in today's terms, allowing for better comparisons between investment opportunities and financial commitments. Together, these concepts enable individuals and businesses to evaluate the profitability and feasibility of financial decisions effectively.


Why is financial management important even if it is not in your line of work?

Financial Management deals with acquisition of funds for investment purposes and its wisely allocation of that funds. It is important to know Financial Management because we are involved in the process of making decision on Financial Planning,Control and Decision making in our firms as Managers.So we need to have knowledge of Financial Management for assisting us being best managers.


How do you become a billionaire?

Make disciplined financial decisions. Get lucky. Or you can marry someone how is a billionaire ;)


What is a financial mean?

i do not know i have to find it in the dictionaery

Related Questions

How do you know you are making good financial?

you dont be stupid and go spend all your money on things you cant afford!


How do I start my own business?

Starting a business can be very confusing task if we don't know where to start. There is a series of legal tasks that must be done first while making good financial decisions. This website will be of help to you.http://www.sba.gov/content/follow-these-steps-starting-business


Why are making decisions important?

It helps you know where you want to go in life.


Why do you need to know about financial institutions?

Because you will need to know how to maintain a bank account, make decisions about credit, and use a debit card.


Why do you choose to make decisions even though you seem to know the better choice?

Making decisions is an integral part of learning and growth. Even if we know the better choice, we may still make decisions to gain experience, learn from mistakes, or simply because we need to take action. It's through making decisions, whether good or bad, that we continue to evolve and develop our decision-making skills.


Why is it important to know what interest rates terms of an agreement and present value are in relationship to future value when making financial decisions?

Understanding interest rates, terms of an agreement, and present value in relation to future value is crucial for making informed financial decisions because these elements directly affect the potential return on investments and the cost of borrowing. Interest rates determine how much your money can grow over time or how much you will pay in interest for loans. Present value helps assess the worth of future cash flows in today's terms, allowing for better comparisons between investment opportunities and financial commitments. Together, these concepts enable individuals and businesses to evaluate the profitability and feasibility of financial decisions effectively.


What kind of decisions do directors have to make?

they simply have to know your good at acting and you have to know the script on the top of your head.


How would you describe your decision making style?

You should be able to discuss your decision-making style with a job interviewer. Interviewers need to know that you are capable of making rational decisions.


What type of leadership involves making managerial decisions without consulting others?

i dont know can u tell me pleasee


Why is financial management important even if it is not in your line of work?

Financial Management deals with acquisition of funds for investment purposes and its wisely allocation of that funds. It is important to know Financial Management because we are involved in the process of making decision on Financial Planning,Control and Decision making in our firms as Managers.So we need to have knowledge of Financial Management for assisting us being best managers.


Where is a good place to take a free stock advice class?

A good place to take a free stock advice class is at a local financial firm that you know or looks like it is legitimate. You can also take one from a financial expert that you know.


Is financial accounting necessary?

Yes. If you mean by financial accounting, the accounting that calculates the cost of capital to the business and compare it to current, expected, and historic rates of return. Suppose a company is making 12% return; but borrowing money by using the owner's credit card at 22%? Be good to know that.