199 - How A Balance Sheet Actually Works

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Focus The Fire

Business


Time to geek out! If you want to master money you need to gain a certain level of comfort with numbers and financial information. Over the next few episodes, we will teach you the basics of how to understand the main financial statements.   This is useful when making investment decisions and managing your personal finances. Today’s lesson covers the balance sheet and the main accounting equation:   ASSETS = LIABILITIES + EQUITY   If you have specific questions send them to hello@careersandcashflow.com or hit us on the socials so we can answer them in a follow up episode.    Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv