Know Thy Money by Lama Farran

Home - What's the first step you need to accomplish before you can change any behavior? You have to obviously be aware of the behavior in question.

That is why financial awareness is crucial if you want to change the state of your money.
Essentially, you need to have a crystal clear awareness of where you stand today so you can get to where you want to be.

Here are a few tips that you can implement in order to increase your financial self-awareness:

Know Thy Net Worth
To calculate your net worth, you need to know the total value of your assets (what you own) and the total value of your debts (what you owe). The difference between these 2 numbers will represent your net worth.

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Welcome to a comprehensive web site on investment banking careers. Investment Banks help companies and governments issue securities, help investors purchase securities, manage financial assets, trade securities and provide financial advice. The top investment banks including Goldman Sachs , JP Morgan and Morgan Stanley are said to be in the bulge bracket . Other investment banks are regionally oriented or situated in the middle market (e.g. Piper Jaffray ). Others are small, specialized firms called boutiques which might be oriented toward an industry vertical, bond-trading, M&A advisory, technical analysis or program trading. Firms have lots of different areas and groups within them. In most firms, there is sales and trading which works with owners of securities, investment banking which works with issuers of securities (firms and governments) and capital markets which goes in between the other two. Further Information on Inves...

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