What are financial decisions?
Financial decisions are judgments one makes about
life, and the future. It determines how well you
live.
You have the choice of investing in stocks, major
appliances, house, car, saving account, or impulse
buy.
If you choose to impulse buy, for example, then
there's zero funds to invest in stocks.
The key is pick an alternative that creates a better
life now, or in the future.
A business asks: Do we have the funds to invest
in a certain project. What areas should we direct
funds?
Here, too, the business goal is to improve a
business now, and in the long run.
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