Financleta.com Website Review

We will start from a subtle but important difference between companies and people. Several years ago I read a book on industrial organization, highly recommended: La Meta. At the beginning, he poses the following question; The purpose of a company is to WIN MONEY, a company is an organization of different factors whose purpose is simply and simply to make money. Surely not your ultimate goal, or mine, but some importance, so understand how money works for companies and incorporate some aspects to our own finances can allow us to change some points of view. If you asked us how much we earned, what would we answer? As*uming that the question is not inappropriate (it is no longer considered appropriate to ask someone how much they earn, and little is seriously talked about money), probably our answer is our salary, for example, I earn 20,000 pesos per month or 13,000 dollars a year or 12 dollars an hour. Now, in the case of a company, we would see in its income statement that the profit is not your income, but, simplifying, your income> I find it interesting that this way of referring to the same economic fact is so different in both cases , To the point that the tax> on income in companies (one of them) is called gross income and that of natural persons is called tax on the Then, if the salary is income, what would be the profit? If we apply the simple formula: it turns out that the profit is what we call saving. It is was remains. From an economic point of view, even in the everyday jargon people are called CONSUMERS. THE COMPANIES GENERATE MONEY, If we are 100% consumers, if our purpose is to consume we will not make money. We will consume as much as possible. Even over our income, taking debt to consume, or said in consumer language, we can pay in installments. You will notice that the formula applies to companies, to people, to NGOs and to the public accounts of the states.