Publisher's Synopsis
Sometimes learning about finance can be a boring subject for most people, but if you look closer finance affects every part of our lives, from our car payments to our children's schooling. The one thing i have noticed is that most people don't know much about money, or how a currency is created. Even in schools most children learn more about academic subjects and less about financial intelligence. Every day I see people (adults and children) who don't comprehend the difference between asset, liabilities, income and expenses and how all of them are connected to each other. In this family friendly guide, I will introduce you to basic financial statements that you can use (once you have learned) to figure out all your income, expenses, assets and liabilities in a simple, but precise way. Even children (once shown) will have a better understanding of how financial statements work and have a brighter future collecting cash producing assets, reducing expenses, increasing the right sort of income and using liabilities to make them richer.
