Leverage
By dudumodu
@dudumodu (48)
Israel
2 responses
@LionHeart319 (164)
• Philippines
3 Jan 09
In financial literacy terms, to my opinion, leverage is what they call when your investments or assets grow and earn profit with or without you working on it. It means having the option to work or not to work. I call it FREEDOM.
In the Network Marketing world, there is what they call Time Leveraging. It means extra man-hour spent in building your business which you do not personally do.
I hope this would help.:)
@magtibaygom (4858)
• Philippines
1 Mar 10
With regard to his question, "leverage in connection with financial literacy", I think LionHeart319 has the closest answer. When we talk about financial literacy, it pertains to being smart with money. One example is that is, being able to make your money work for you. And that's what we call leverage, as far as financial literacy is concerned. Other leverage are also leverage, but we are talking here of "financial literacy". For better understanding, try watch a newscaster or a financial analyst on a TV business reports. :)
@rkrish (3003)
• India
24 Oct 08
leverage is how you are managing your busines with your capital and other peoples money normally the state or level of leverage depends on the kind of business. the trigers are the indicator for the business to say highly or lowly leveraged based on debt equity ratio
