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It is commonly outlined as one’s understanding of finance and the science of funds management. An individual’s monetary literacy allows them to make knowledgeable selections about both personal finance or business finance or each. The President’s Advisory Council on Financial Literacy outlined the term as “the flexibility …

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Let’s try to use the above chart in an example. Let’s assume you are trying to boost $250,000. In your chart, you might be projecting roughly $230,000 in earnings in 2012. Let’s assume 5 years is 2014. The business will must be worth $2 million by that time.

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