Please list each of the ten principles of finance and explain in your own words(in a sentence or two) what each means. Next, explain how each one has been or might be, important to you or your family’s personal financial situation.
Principles:
1.The Best Protection Is Knowledge
2. Nothing happens without a Plan
3. The Time Value Of Money
4.Taxes Affect Personal Finance
5. Stuff Happens, or the importance of liquidity
6.Waste Not, Want Not- Smart Spending Matters
7.Protect Yourself Against Major Catastrophes
8.Risk And Return Gi Hand In Hand
9.Mind Games, Your Financial Personality and Your Money
10.just Do It
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