Finance for Non Finance

We all know money and finance. We have learnt it over our journey called life with "transactions" becoming "learning experiences" of life. When it comes to money, there is no better way of learning rather than doing it yourself. But, at times, we miss the lessons provided by life and we tend to repeat our mistakes. Whether you like reading or not, this book will help you to pause, do a reality check and continue again in your wealth creation journey of life. It will help you reflect on the mistakes, we generally make, in our day to day lives with regards to money. The entire wealth cycle of earning, saving, investing and enjoying wealth is covered in a very simple, day to day language in the book. Practical examples, dialogues with real people and experiences from shopping malls to movie theaters and cabs to airports are covered to put across a point. If you were to summarize this book in one line, it would be a "super self help guide to eliminating financial challenges in life". Go ahead and have a happy reading experience. Finance for Non-Finance: 01 The Focus: About the Book 02 About the Author… 03 Preface 04 A Non Finance Person's Perspective 05 Step 1: Knowing Your Finances - What do I need to know as a non-finance person?.. 06 Step 2: Savings - Do they really create wealth in today's times? 07 Step 3: Borrowings - How to raise money when needed? 08 Step 4: Investments - Trees where money will grow 09 Step 5: Fundamentals of Financial Statements 10 Step 6: Income & Expense Statement 11 Step 7: What are Assets? 12 Step 8: What are Liabilities? 13 Step 9: What are Ratios and how do they help track Wealth Creation? 14 Step 10: What are Cash Flows & why they are most critical in Wealth Creation? 15 Practical Exercises 16 Practical Exercise Solutions 17 Keys to Self Assessment Questions 18 Glossary of Select Financial Terms