Understanding How the Economy Works
www.economicprinciples.org, September 22, 2013
Almost everyone is aware of how important it is to make a financial plan for your future. And in most cases, it’s not just your future, but the future of you and your family, and for some, your business. And while financial planning is a many-headed beast, the hero cannot vanquish the beast without understanding its nature.
It’s important to know how the economy works in order to best determine the financial plan most suited to you and yours. But there are so many different aspects to the economy that even just the word “economy” can be intimidating. And although you would have to go to school for years to really understand all of the in’s and the out’s of our economy, it’s still important to have at least a basic understanding of it. Follow the link listed below to a video that gives a pretty thorough overview of how the economy works, in a way that is easy for almost anyone to understand.