In the past, I thought that finance was far away from me, because I didn't invest, I didn't do business, and I only lived on a fixed salary every month. Today, after reading Chen Zhiwu's book "General Education Course in Finance", I truly understand the meaning and value of finance, as well as its close relationship with the people and the country.
1925年，父亲出生，他的身世凄惨，7岁时失去母亲，由于爷爷染上恶习，身体被拖垮，爷爷无力抚养四个儿女，便把父亲过继给了当兵的伯父做儿子，父亲的一个弟弟、两个妹妹则被爷爷送给他人。 Although his father was lucky to stay, he was not able to exchange for a lifetime of peace. When his father was eleven years old, his father and adoptive father died one after another, leaving him alone.
当奶奶过世时，爷爷家已穷途四壁时，他只好将自己的子女送给别人，得到可怜的几文钱，维持一段艰难的生活，而子女也许能得到生存下去的机会，虽然被送的子女死了一个，其他三个孩子还是顽强地生存了下来。
As a last resort, the grandfather paid the intercalation value in advance, exchanging the fate of his future children for a few pennies, which involved common financial problems. At that time, the people were struggling to make a living, and women and children became a kind of "exchange currency" that could be circulated. After liberation, this phenomenon disappeared.
Under the condition of tight government finances at that time, in order to recover Xinjiang, Zuo Zongtang used "borrowing", that is, "financing", and chose "Huayang loan" financing, making it the second largest source of military spending, laying the foundation for his historical achievements in the westward expedition.
The essence of finance is the intertemporal transaction between two parties, which is the intertemporal value exchange. Lending is the starting point of the benefits and difficulties of both parties to the transaction, the reason why finance is different from a commodity transaction, and the key point to grasp the essence of finance.
Warren Buffett said, "If you can't make money while you sleep by the time you're forty or fifty years old, you're a failure." ”
So how to make yourself understand financial literacy as soon as possible, so that you can make money while sleeping?
It is recommended that everyone use this book to learn financial knowledge.
The book tells us about various phenomena, applications and internal logic of finance from the aspects of lending, company operation, business model, investment and financial management, real estate investment, and banking.
The text is easy to understand, without complex formulas and financial models, but it can help readers establish financial thinking from the perspective of history and quantitative analysis, look at the logic of the world from a more economic perspective, and upgrade the cognitive model.
Whether it is an ordinary person or a prominent family, only by correctly understanding financial knowledge, and having a sense of investment, choosing a more stable and suitable financial model to serve themselves, planning their own careers, and changing the trajectory of the future with financial thinking, can they go further and further on the road in the future.