Tutor profile: Austin F.
Subject: Personal Finance
Is it important to save when younger?
Absolutely. Saving from an early age is key and leads far less heartache down the road. Saving early means you can save less each year than those who have to save a whole lot of money when they get older. It's so important to save early!
Is accounting just like keeping track of a business's activity?
Yes! And even more. Accounting tells us what a company has and why or why not it's successful. Public accountants ensure companies keep the correct records so not to deceive the public/investors or to make sure no mistakes are made in accounting records. Other accounting professions help prepare or consult people and business about taxes.
I'm not a fan of business classes. Why do I need it?
Business classes provide context to how our economy works and grows. We learn how products like food, iphones, or cars are produced and marketed and how jobs are provided and why wages are what they are. We learn business issues that affect society from local communities to the nations, and things we can do to better society.
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