FOREX Magazine

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