{"id":45,"date":"2024-09-06T16:45:53","date_gmt":"2024-09-06T16:45:53","guid":{"rendered":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/chapter\/introduction-to-financing-the-present\/"},"modified":"2024-09-06T16:45:53","modified_gmt":"2024-09-06T16:45:53","slug":"introduction-to-financing-the-present","status":"publish","type":"chapter","link":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/chapter\/introduction-to-financing-the-present\/","title":{"raw":"Introduction to Financing the Present","rendered":"Introduction to Financing the Present"},"content":{"raw":"\n<h2>What you'll learn to do: use your knowledge of accounting to create a healthy financial picture for you and your family<\/h2>\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.\n\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.\n\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.\n","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","protected":false},"author":6,"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\"}]","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"part":39,"module-header":"","content_attributions":[{"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"}],"internal_book_links":[],"video_content":null,"cc_video_embed_content":{"cc_scripts":"","media_targets":[]},"try_it_collection":null,"_links":{"self":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/45"}],"collection":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/wp\/v2\/users\/6"}],"version-history":[{"count":0,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/45\/revisions"}],"part":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/parts\/39"}],"metadata":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/45\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/wp\/v2\/media?parent=45"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapter-type?post=45"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/wp\/v2\/contributor?post=45"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/wp\/v2\/license?post=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}