Financial Definitions

7
Definitions in Financial Management In lighter vein, seriously…..

Transcript of Financial Definitions

Page 2: Financial Definitions

EARNINGS

Never depend on single income.

Invest to create second source.

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SPENDING

If you buy items that you don't need,

soon, you'll have to sell items you need.

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SAVINGS

Don't save what's left after spending but spend what's left after savings.

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RISK

Never test the depth of river with both feet.

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INVESTMENT

Don't put all eggs in single basket

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EXPECTATION

Honesty is an expensive gift. Don't expect it from everyone