Lamar Van Dusen — Some of the Finance Concepts I Wish Everyone Must Know
3 min readJul 19, 2020
Lamar Van Dusen is the best financial advisor and services provider for the people about who need their financial plan for profit. He used all this skill and all his knowledge approximately the finance stock broking. This all definitely works and he get capable.According to Lamar Van Husen, finance is cash management and methods of obtaining the desired price range. Finance includes also the monitoring, identification, and check the money, banking, credit, investments, assets, and liabilities that form the economic engine. Many of the basic concepts of finance come from the theory of micro and macroeconomics. It describes as cash management and include activities such as finance, loan, loans, budgeting, saving, and predictions. The financial definition would not be complete while exploring career options related to businesses.Here is a look at some of the important things I wish I'd learned in high school and I think it should be taught today.# 1: Credit Card and Flower How it WorksSince you usually will get a master card on your own around the last eighteen years, it sounds like the wisdom to show high school students about the ins and outs of credit. As a finance advisor, I've seen too few children running master-card balances comprehensive early after they do not have a decent understanding but credit works said Lamar Van Husen.Heck, I was once one in all of them! At the time I had in my early twenties, I had $ 20,000 in the master-card debt. fortunately, I learned about the extra credit as I aged and worked diligently to become consultant money.# 2: How to balance a checkbookWhile time writes check for bills that are obviously more, teens still have to figure out how to balance a checkbook. although they follow the debits and credits, they may enjoy learning how to manage their income and outflow of the bill to avoid exchange costs. I learned this means the weight after I bounced 3 checks when I was nineteen years. Ouch! already the main time I use to be introduced to "overdraft fee" and it was not pleasant.
According to Lamar Van Husen, a lesson on the on-line service pays additional charges may facilitate a World Health Organization meeting technology students to manage their money. And yes, students still need to learn the basics of check-writing as a way to fill out your check out - minimal for now. Generally, individuals still have to write a check, believe it or not.# 3: The Power of Compound InterestWhile children may not reach their potential financial benefits over the years, they require a great advantage over the remainder upon involves investment - time. With time on their side, they will make the most of the full potential gaps and add a bank account to tap into the exciting capabilities.Golf stroke, even a small amount of cash in a bank account with high interest while their very young students, high-school, graduates, faculty and students will begin to build wealth that may compound more and another time.An example following respect:In the last few weeks, I am talking about investment in my school. to point out the interesting ability group, I introduced the "magic penny build.