26 episodes
Simple Finance Lessons Faisal Hasnain
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- Business
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3.0 • 2 Ratings
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These are simple and interesting stories and lessons from the world of finance. Some are from my own experiences and some are things learnt from others. Students of finance and young adults unfortunately learn certain things the hard way. What I am trying to do is to bring forth some thoughts that we should all be aware off. Even people with more than 20 years of finance experience make silly mistakes for a variety of reasons, and this ends up costing them time and money, along with frustrations. But by then its too late! You need to act at the outset, not after the die is cast.
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Avoid paying in advance
You should not pay in advance for goods or services to someone who you do not know or perhaps trust completely.
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What is a Letter of Credit?
This episode will explain what a Letter of Credit is and how it works. A letter of credit is a very important financial instrument that helps international cross-border trade and transactions.
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Ending the podcast - hopefully temporarily
This is the final episode of the current series. Hopefully we will reconnect soon.
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What is Accounting?
Accounting and Finance are not the same ............... today we will chat about the main differences between the two. Finance is the MANAGEMENT of money whereas Accounting is the RECORDING and REPORTING of transactions.
Please send your comments and suggestions to Faisal at simplefinancelessons@gmail.com -
Financial lessons from Covid
Covid has taught us many lessons, among them being that to lead a simple and straightforward and fulfilling life, one doesn't need a lot of money!
Please send your comments and suggestions to Faisal at simplefinancelessons@gmail.com -
You must start learning about the Stock Market
If you are not aware of the potential possibilities of investing in the stock market then you really are missing out. And with the current interest rates so low, you will receive very little on your traditional bank deposits and savings account, and so you do need to find alternatives where you can start placing some of your cash to enhance your returns. So, you must teach yourself at least the basics of how to invest in the stock market.
Please send your comments or suggestions to me, Faisal, at simplefinancelessons@gmail.com