Business and Finance Analysis

Archive for the ‘Personal Finances’ Category

Financial instruments (financial instrument) is a contract that gives rise to a single entity financial assets and financial liabilities or equity instrument of another entity.

Financial assets (financial assets) are assets in the form:

* Cash
* Equity instruments of other entities
* Contractual right:
o to receive cash or another financial asset from another entity
o to exchange financial assets or financial liabilities with another entity that the terms / conditions may be favorable to the entity itself
* A contract that will or may be settled in equity instruments and is its own entity:
o non-derivative instruments that require or may require the entity to receive equity instruments the entity itself in the number of variables, or
o derivative instruments that will or may be settled other than through the exchange of cash or other financial assets in the amount fixed by the entities own equity instruments in a fixed amount. For this purpose, entities own equity instruments do not include instruments that form and submit the contract to receive equity instruments of the entity itself in the future; entities own equity instruments do not include financial instruments that can be sold for a price in the future (putt able financial instruments).

Financial liabilities (financial liabilities) include:

* Contractual obligations:
o to deliver cash or another financial asset to another entity, or
o to exchange financial assets or financial liabilities that the terms / conditions may be favorable for the company; or
* A contract that will or could be resolved in its own entity and equity instruments in the form:
o non-derivative instruments that require or may require the entity to deliver its own equity instruments the entity in the number of variables or
o derivative instruments that will or may be settled other than through the exchange of cash or other financial assets in the amount fixed by the entities own equity instruments in a fixed amount. For this purpose, entities own equity instruments do not include financial instruments that can be sold for a price in the future (putt able financial instruments).

1) We are in the information age. Today, what you have learned becomes obsolete quickly. What you learn is important, but not as much as how fast you learn, change and you adapt to new information.

2) Financial Education. We need more education but not the traditional type. Each student now needs financial literacy education is needed to convert money earned in their profession in long-term wealth and financial security.

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In today’s entry I will make a short introduction to the reason why many people have bad habits with money. In a way I will advise based on techniques or tools that I gave good results.

The idea is that you begin to choose among those options that best suit your needs and even create your own financial plan.

The picture today is to put a ticket on fire. Here in Argentina is often hear the phrase “Money burns me” as saying that we lose it easily and that is why I decided to create this post.

* Why do we have financial problems?

Not to the point of talking at the level of the national economy, but rather trying to take as the axis center the subject or the person who has the money, we can say that A or key facto in this process is you.

Robert Kiyosaki mentioned in many of his books that people are accustomed to bad money management. At this point I strongly agree with him. But the key question is: What factors contribute to our financial ignorance?

* The answer is simple: The financial education that gave us

Until today I have not seen in schools and universities are touching on money management topics and personal finance. Not touch on issues such as taxes, banking. Issues we deal with almost 80% of our lives. So people are forgetting an important education 80%.

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