FIN 305 Study Guide - Midterm Guide: Personal Finance, Financial Statement, Sept

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Studies show that young ppl don"t have good understanding of personal finance. 15-35y/o: 2009 - 67% average score on financial capability survey in canada. Get stressed if don"t understand can develop anxiety. Good attitude, knowledge and skills can lead to better $ decision-making. 96% of college-bound students would make diff. financial decisions in lives. As a manager of sany sort, your decisions will req. some amount of financial accountability. As a manager you may receive training in other specific parts of business, but not in finance; you will be expected to already know this. If you start your own busi. , you will have your own goals and will need financial understanding to obtain them. Many believe financial competence is impossible they don"t train themselves and enter into situations unprepared. No need to learn how to process debits/credits just learn how to understand it and use it to make decisions and get results. How to invest ($ and in busi. assets)

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