{"id":2578,"date":"2020-08-25T20:35:37","date_gmt":"2020-08-25T20:35:37","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/wm-financialaccounting\/?post_type=chapter&#038;p=2578"},"modified":"2020-11-20T16:46:22","modified_gmt":"2020-11-20T16:46:22","slug":"introduction-to-financing-the-present","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/chapter\/introduction-to-financing-the-present\/","title":{"raw":"Introduction to Financing the Present","rendered":"Introduction to Financing the Present"},"content":{"raw":"<h2>What you'll learn to do: use your knowledge of accounting to create a healthy financial picture for you and your family<\/h2>\r\nAfter you graduate and get a job, you\u2019ll want to start saving up for future milestones\u2014maybe buying a house, raising a family, traveling, or providing a comfortable living for you and your loved ones. One of the most basic tools of financial planning is a budget, whether it\u2019s for a business or your personal life.\r\n\r\n<img class=\"alignright wp-image-2664\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/5107\/2020\/08\/27230108\/money-2724241_1920-3-1024x692.jpg\" alt=\"four increasingly tall stacks of coins sitting next to a jar of coins. The stacks and jar all have seedlings growing out of them.\" width=\"400\" height=\"270\" \/>Managing your money responsibly includes the responsible use of credit and financing, especially when it comes to major purchases such as a car or a house. In addition, you\u2019ll want to make sure you are responsibly fulfilling your duties as a member of the larger community by paying your taxes on time.\r\n\r\nLet\u2019s move ahead so that you can gain a more detailed understanding of how to use your knowledge of accounting to create a healthy financial picture.","rendered":"<h2>What you&#8217;ll learn to do: use your knowledge of accounting to create a healthy financial picture for you and your family<\/h2>\n<p>After you graduate and get a job, you\u2019ll want to start saving up for future milestones\u2014maybe buying a house, raising a family, traveling, or providing a comfortable living for you and your loved ones. One of the most basic tools of financial planning is a budget, whether it\u2019s for a business or your personal life.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-2664\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/5107\/2020\/08\/27230108\/money-2724241_1920-3-1024x692.jpg\" alt=\"four increasingly tall stacks of coins sitting next to a jar of coins. The stacks and jar all have seedlings growing out of them.\" width=\"400\" height=\"270\" \/>Managing your money responsibly includes the responsible use of credit and financing, especially when it comes to major purchases such as a car or a house. In addition, you\u2019ll want to make sure you are responsibly fulfilling your duties as a member of the larger community by paying your taxes on time.<\/p>\n<p>Let\u2019s move ahead so that you can gain a more detailed understanding of how to use your knowledge of accounting to create a healthy financial picture.<\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-2578\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Introduction to Financing the Present. <strong>Authored by<\/strong>: Joseph Cooke. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>nattanan23. <strong>Authored by<\/strong>: nattanan23. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"https:\/\/pixabay.com\/photos\/money-coin-investment-business-2724241\/\">https:\/\/pixabay.com\/photos\/money-coin-investment-business-2724241\/<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/about\/cc0\">CC0: No Rights Reserved<\/a><\/em>. <strong>License Terms<\/strong>: https:\/\/pixabay.com\/service\/terms\/#license<\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":17,"menu_order":6,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Introduction to Financing the Present\",\"author\":\"Joseph Cooke\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"cc\",\"description\":\"nattanan23\",\"author\":\"nattanan23\",\"organization\":\"\",\"url\":\"https:\/\/pixabay.com\/photos\/money-coin-investment-business-2724241\/\",\"project\":\"\",\"license\":\"cc0\",\"license_terms\":\"https:\/\/pixabay.com\/service\/terms\/#license\"}]","CANDELA_OUTCOMES_GUID":"","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-2578","chapter","type-chapter","status-publish","hentry"],"part":2570,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/2578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/wp\/v2\/users\/17"}],"version-history":[{"count":7,"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/2578\/revisions"}],"predecessor-version":[{"id":6456,"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/2578\/revisions\/6456"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/pressbooks\/v2\/parts\/2570"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/2578\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/wp\/v2\/media?parent=2578"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/pressbooks\/v2\/chapter-type?post=2578"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/wp\/v2\/contributor?post=2578"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/wp-json\/wp\/v2\/license?post=2578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}