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What are some examples of financial assets

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What are some examples of financial assets

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Cash, stocks, bonds, bank deposits

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How can you improve your Financial skills??

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How can you improve your Financial skills??

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1. take care of the bookkeeping.

2. make decisions about investing in tools or equipment.

3. manage debts, including paying your suppliers.

4. manage cash flow.

5. decide on payment terms, create invoices and collect payments from customers.

6. Manage your inventory costs and calculate your inventory turnover rate.

7. lodge tax returns.

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1. Start a baby emergency fund
2.  If your in debt, GET OUT ASAP
3. Save for college
4. Pay off your mortgage early
5. Keep building wealth and giving generously

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Sixty-nine percent of Americans would be unable to cover a $1,000 emergency if one happened to them today.

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Financial literacy can make people habitual budget-ers who are willing to save for their goals and delay gratification in order to have peace of mind, both today and in the future.

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is the possession of skills that allow people to make smart decisions with their money.

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Nearly four out of every five U.S. workers live paycheck to paycheck.

Over a quarter never save any money from month to month.

Almost 75% are in some form of debt, and most assume they always will be.

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Your current balance is the amount currently owing on your card account. The available credit is the amount that you

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-Log onto your account online, call or visit your bank, or visit an ATM and get the current balance on the account you wish to track.

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- Use the check register. Its designed to help you keep track of all your income and expenditures and all your transactions, from deposits, ATM withdrawals, credit card usages, fees, to any checks you write.