I was twenty-one years old and just starting my career. I had recently graduated from college and was in a position to be employed. I had my financial planner ask me a lot of questions. I went back and forth on it before I finally said “yes” and I got a job.
I had just started a new job and was getting used to financial planning and the like. I figured, why not just get it all out there, right? So I wrote it out. I asked the finance guy some questions about my budgeting and expenses. I got some good responses with specific questions. Then I got to the part where I was supposed to explain to the finance guy how I was going to pay for my expenses.
So I did a bit of research, but I didn’t really know about the finance guy, so I asked him about his own expenses. He mentioned that he had to pay for his house, that he had to buy new clothes, that he had to hire a new assistant. I told him that I needed to figure out how to pay for my expenses, so he said he’d been wondering about it.
While it’s not true that every finance guy is a douche, the finance guy at least has a point. Financial independence is a huge thing, and knowing when to ask for help, when to be grateful for it, and when to get out of it is pretty crucial. Also, we all know that if you need to ask a friend for money, you’re probably not going to find a friend that is willing to give you a dime.
A little bit of research to make sure that you can get a lot more out of it. We had people who were in the business of paying for their products and getting their own products that were made by people who worked on the business. I’ve said it before, I’d actually do it again, but it’s like I said, I’d actually do it again.
If you want to be more specific, you can have more specific questions.
The problem here is that you’re not going to get a lot of people that are willing to give you a dime because there are so many different finance fields. I could probably come up with a million different finance majors, but it would be a lot of work and I’d probably have to make it a blog post that was too long, so you can skip this part. Basically, there are three fields that are the most important to getting in the business of finance.
Ive already answered that question (or at least, you can skip that part), so I will just answer this part. To understand finance really well, you need to have both an understanding of the financial world’s structure and also an understanding of the money in the world. The first is pretty easy. The financial world is organized into banks, brokerages, asset managers, and money managers.
The second step is to understand money. Money is a form of currency. It is the legal representation of value (which is why we need a lawyer to help us get a loan). More importantly, money is the means by which we exchange value in the real world. Money is created by the central bank. When the central bank does something, such as printing money, it creates money. For example, the US government creates dollars. To create new money, the government issues a loan.
So, if you’re in a situation where you need money to get what you need done, you need to borrow money. The process is complicated because there are many layers of bank loans. For instance, if you need to purchase a car, you want to do it through a bank, but you also need to pay for the car in cash. Then you need to have a bank that takes that money and gives you the car.