Introduction
Important numbers to know
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1. Understanding the Past in Order to Change the Future
Applying for a small business loan
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What is finance?
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What is accounting?
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What do we have and what do we owe?
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How much did we make?
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Using financial ratios to identify strengths and weaknesses
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Financial ratio examples: Microsoft, Google, and Apple
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2. Common Tools of Analysis Used within a Business
Everlane and the cost to make a pair of jeans
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Identifying and solving cash problems before they occur
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Breakeven at a hypothetical startup Russian restaurant
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Make it yourself or outsource?
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3. Numbers That Measure Us
Too many key performance indicators
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You get what you measure
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Case study: KPIs in a trucking business
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Environmental, societal, and governance issues (ESG)
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4. Your Compensation and Savings
The difficulty of increasing your income
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The secret to financial security
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The importance of personal budgeting
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Simple savings plans
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Simple long-term investment plans
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5. Your Income Taxes
Tax planning
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Difference between gross pay and net pay
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Paid time off (PTO) and other forms of compensation
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Tax brackets
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Tax-advantaged savings
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Conclusion
Adding 50 IQ points
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Glossary_Financial_Literacy_Employees.zip
(15 KB)