Imagine you showed up to the park, and found some folks playing an unfamiliar game. Even though you don’t know the rules of the game they’re playing (or even the language in which the rules are expressed), you have no choice but to join the game. How, then, can you participate meaningfully?
This may sound a bit far-fetched, but believe it or not this situation is analogous to that of the vast majority of us in the consumer capitalist society we live in today. Living in such a society requires participation in the game called “Finance” (whose rules are not fully understood by the vast majority of its participants) – even if the participants aren’t fully aware of their participation!
The conventional understanding is that the most important role of this game is to facilitate the exchange of goods and services, which is considered to be essential for the smooth functioning of the modern society. To be a successful participant in this game, you need to at least master your personal Finances, i.e., your own personal contribution in this game – measured in monetary terms.
In order to achieve this mastery, it’s necessary to understand the rules of the game of Finance. While it may be possible to understand the rules of the game at a high level qualitatively, these rules are inherently quantitative in nature. Since quantitative rules are best understood using Math, Math is the language of Finance. However, understanding the rules of personal Finance does NOT require proficiency in advanced Math – instead familiarity with the language of basic Math is sufficient for this purpose.
Developing fluency in basic Math is the only reliable way to make the rules of personal Finance work in your favor instead of against you!
Unfortunately, many people find personal Finance and/or basic Math confusing (as a result of how these subjects are approached in traditional schools). Even those who are formally trained in Math lack sufficient training in Finance, and don’t really seem to be able to translate their knowledge to the domain of personal Finance (and vice versa). As a result, it’s not uncommon to see highly qualified professionals making very high incomes still ending up with not very much to show (monetarily speaking) to their names for all their years of hard work. Consequently, mastery over one’s own personal Finances is a very rare skill, even among the pros.
In our Play Studio, we’ll learn how you can master the personal Finance game using nothing more than basic Math, and conversely, develop fluency in basic Math using personal Finance.