We all need money to pay for things in life. That’s just the way things work.
We generally acquire money by doing work for which we get paid. The money we get paid is called Income, and the money we spend is called Expense. Unfortunately, the amount of income we make is not guaranteed throughout our lives, and the expenses we have are not always predictable. In addition, we face various levels of financial RISK that we need to deal with, and if we live long enough, there will likely come a time when we can’t generate income through work. We generally call that time of life retirement.
We all want enough money to cover our expenses (at all stages of life) with some money left over. To do that, we need to save, invest, and insure.
The lessons in this module are meant to provide basic information about possible ways to save, invest, and insure.
If you want to live in Financial Advantage, you need the information in this module!
