FOREX Magazine
IBP Finance I
IBP Finance I
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Angelica Yareli<br />
Gonzalez luevanos<br />
As we all know now, financial statements provide an overview of the financial activities of a<br />
company, business or individual; giving us the tools needed so we can take the greatest decision<br />
that will get us to reach our goals more effectively.<br />
In this project, we talk about matters and concerns of finance in the real world. Coming from<br />
financial ratios and all the way to financial statements analysis, we are always surrounded by this<br />
kind of information, so we better be prepared for when we get confronted by a financial decision<br />
in our daily life or for a business matter.<br />
We will all bump onto debt at least once in our lives. In this reports that we have talked about,<br />
there are ways of coming out of debt and “how to´s “ for managing our money and business so<br />
we can at least try to avoid debt as much as possible. Or in other hand, we can take David´s<br />
bridal example on how to manage such hard times like bankruptcy and downfalls.<br />
We also have an example of a couple living with too much debt, and talks about how ditching<br />
unnecessary expenditures can lead us to a better financial manage; finding a new phone<br />
supplier, internet and cable services, ditching the dog walker and doing more chores yourself<br />
can be examples of a better financial manage<br />
On the news, we also talk about the business credit improvement and how to apply it on your<br />
business. Once your business is set up to build a credit history, what we do next is critical to<br />
ensuring that only positive information gets to the business credit bureaus so we can get out of<br />
them what we want and need for our business credit. Some advices about separating your<br />
business from your personal life are given, this will help us to start building a credit history. It´s also<br />
critical that we open a separate business checking account so we get clear the difference<br />
between our personal and our business accounts and also debts.<br />
We also talk about ways of payment, the P2P for example , which is a payment system like PayPal<br />
that allows customers to link bank accounts to send and receive money to another party via<br />
mobile and desktop applications. Sending and receiving money is now easier than ever with this<br />
kind of electronic fund transfers. Although this is a convenient way to transfer money, we need to<br />
be aware and informed of the platforms that we are using, utilizing the right security measures so<br />
we can get the best performance out of the technology that surrounds us nowadays.<br />
By saying all this, we got very relevant and crucial information from this project about how every<br />
financial decision we make in our lives has an impact on a personal and global way<br />
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