Finance for beginners

[@TheFinanceStoryteller]

Which of the 5 insights shared in this video is most useful/helpful to you? Did I miss any Big Ideas on my list of 5 items? Let me know by responding below!

[@MrSuperluigi101]

i like your question about $100 i got it first try and my dad missed it , hes an oilfield specialist , so not finance no wonder...

[@TheFinanceStoryteller]

Thanks, Ben! Nice to hear you are discussing this together, that's a good way to learn!

[@SamirDa-hc1hq]

​@@MrSuperluigi101ূ£২২£`‌`£££`

[@Finance_plug]

It's a good thing

[@noor-hj4fn]

I’m super grateful for finding this channel - i’m 18 and i don’t know much about accounting/finance and i’d like to start investing in the future. These videos are really helpful and thanks once again :)

[@TheFinanceStoryteller]

Nice to hear that! Thank you for the kind words. Here are some suggestions from my side on starting to invest: kzbin.info/www/bejne/epS2eHerfZWsqdE

[@choose2bekindd]

“The Lord is not slow in keeping his promise, as some understand slowness. Instead he is patient with you, not wanting anyone to perish, but everyone to come to repentance.” ‭‭2 Peter‬ ‭3:9‬ ‭NIV‬ ROMANS 10:9-11 “If you declare with your mouth, “Jesus is Lord,” and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you profess your faith and are saved. As Scripture says, “Anyone who believes in him will never be put to shame” Matthew 11:28-30 “Come to me, all you who are weary and burdened, and I will give you rest. Take my yoke upon you and learn from me, for I am gentle and humble in heart, and you will find rest for your souls. For my yoke is easy and my burden is light.” “For the Son of Man came to seek and to save the lost.”” ‭‭Luke‬ ‭19:10‬ ‭ God wants us to believe in His One and Only Son, Jesus Christ our Lord and Savior, who died for our sins :D When we truly believe in our hearts that Jesus is the Son of God, who died for our sins so we could have eternal life with God, we are saved from the eternal fire and have eternal life in Christ Jesus!! 💖 May God bless you all! 🕊💗

[@kiwi_jax]

I am busy studying bookkeeping at the moment, all through an online course. And I’m nearly 40, so studying is a challenge. Your videos are so helpful, thank you for taking the time to help explain things in such a clear and helpful way

[@TheFinanceStoryteller]

Happy to help, Jacky! Keep going, step by step, and you can make a lot of progress. Have a look at this playlist which might have a lot of useful videos for you: kzbin.info/www/bejne/mGqWfHWjmL2UpKs

[@PriyanshuRaj213]

Huge respect for keeping the fire burning inside. 🔥

[@ronivalentova4595]

after watching 10000 videos, this is the 1st that finaly made it clear, thank you

[@TheFinanceStoryteller]

Great to hear! Hope there are many more videos on the channel that help you build your knowledge.

[@Malayamakiya]

Youtude is best platform to learn rather than uni class or sessions.

[@TheFinanceStoryteller]

Take the best of all the above! 😉

[@MrSuperluigi101]

im a stock investor for 8 years and i got the answer right to all of the questions. im motivated to keep going thanks to this video thank you for being such a great problem explainer

[@TheFinanceStoryteller]

Well done, Ben! On the "Community" tab of my channel, I post review questions on a regular basis. You can scroll through the archive there and check which ones grab your attention.....

[@kianaizzara30]

im still 13 but i wanna try to learn more about finance 🤷‍♀️

[@subhamroy918]

You will learn alot if you stay focus from now, consistency is the key to success ✌️

[@Annq_001]

Yup me too, i want to learn more about finance too

[@ectessy]

Wish I started that young, im 19 and I just started investing

[@IndianB787]

Same 💷

[@jackcastillogarcia781]

18 here, good luck just have gole in mind. mine is becoming a millionaire already did a $uicide packed on it if I'm not a millionaire by my 30 I'm done yours doesn't have to be so dramatic but still wish u good luck

[@brandonclark8395]

Awesome video. A concise presentation packed with useful knowledge.

[@TheFinanceStoryteller]

Thank you very much! Good to hear you enjoyed it.

[@janngabriel8713]

This is even better, and understandable than my entrepreneur teacher

[@TheFinanceStoryteller]

Happy to help! And kudos to you for learning from multiple sources. I think my video on revenue - profit - free cash flow might also be an eye opener, this is based on a real life situation of myself reviewing the business plan of a friend/entrepreneur: kzbin.info/www/bejne/fHSTi4J6jKutptE

[@d-men170]

I'm in 8th grade and planning to start a finance club, this has been very helpful. Thank you.

[@TheFinanceStoryteller]

Have a look at the videos in my "Accounting 101" playlist, those can help you get some more basics in place: kzbin.info/aero/PLKbmcnUUQMlnWPLx9IeS-cYec2r7GzJ3S

[@LarryP248]

This content is pivotal. A book with analogous insights I read was a turning point. "Mastering Money Mindfulness" by Benjamin Hawk

[@TheFinanceStoryteller]

Please share the link to the channel with friends and colleagues! And thank you for the reading suggestion.

[@ingn4907]

Thank you for your excellent teaching 🙏

[@TheFinanceStoryteller]

Happy to help! Please consider supporting the channel with a channel membership: kzbin.info/door/QQJnyU8fALcOqqpyyIN4sgjoin

[@andywulur]

Greetings from Surabaya, Indonesia. Just found your channel, this is what I have been looking for. Thank you thank you thank you. I'm binge watching your videos, and learning slowly (sorry I'm a slow learner). Again, thank you.

[@TheFinanceStoryteller]

Greetings back from the Netherlands! Happy to hear your comments. Hope you find a lot of useful information on the channel!

[@lorenzfortuna7297]

I LEARN MORE HERE THAN IN BUSINESS SCHOOL HAHAHAA THANK U FOR THIS CHANNEL

[@TheFinanceStoryteller]

Thank you for the compliment, Lorenz! Welcome to the channel, hope you find a lot of useful videos here. Please spread the word to your fellow students!

[@lorenzfortuna7297]

@@TheFinanceStoryteller will do! I appreciate the effort you're putting into making these videos interesting and informative at the same time. Keep it up!

[@Nadelia]

What school did you go to?

[@TheFinanceStoryteller]

@@Nadelia Erasmus University in Rotterdam, the Netherlands. But I learned much more from real life after graduating. ;-)

[@Autisticfcmobileplayer]

I’m ten years old and I’m trying to learn about finance, this video really helped me soo much

[@TheFinanceStoryteller]

Excellent! Work hard, and you will get there. Have a look at some of the videos in my Accounting 101 playlist. Understanding debits and credits is a fundamental skill in most of finance: kzbin.info/www/bejne/mGqWfHWjmL2UpKs&pp=gAQBiAQB

[@senakasenarathna501]

The presentation s by u are exceptionally good. Will help any body interested in multiple ways. I have recommended these to do many young professionals in different disciplines to enhance their knowledge and also to enhance their career prospects. Really appreciate your efforts and wish you all the best

[@TheFinanceStoryteller]

Thank you so much 🙂 Please keep spreading the word!

[@CatholicKidReviews]

this is so cool! i'm trying to be ready for whatever the world throw at me, and your videos are super helpful. for me cash flow vs. profit was most helpful

[@TheFinanceStoryteller]

You're so welcome! Yes, cash flow vs profit is very important to understand. Have a look at this video reviewing a real world business plan (which ended up getting shelved): kzbin.info/www/bejne/fHSTi4J6jKutptE

[@CatholicKidReviews]

@@TheFinanceStoryteller thanks!

[@DestinyWilliams-i2m]

I love this it helping👍

[@tctalia8484]

Thanks for the clear explanations

[@TheFinanceStoryteller]

Happy to help!!!

[@zboyaaaCoin]

Thank you for this video, learning something new everyday

[@TheFinanceStoryteller]

My pleasure! Stay hungry for knowledge and wisdom!

[@LalieB]

Still my go to channel for quick finance lessons :)

[@TheFinanceStoryteller]

Hi Clara! Great to hear from you again. Lots of new videos and livestreams on this channel, enjoy! 🙂

[@raynghm]

I really appreciate it! Thanks, Philip!

[@TheFinanceStoryteller]

You're welcome! Glad you enjoyed it.

[@lesichyre9314]

You are spot on. QA is part of my walk in life, If I catch anything, I'll share with you. btw, you will likely see my "get a mic" comment cause while your voice of gold is an asset, the mic your're using... well, not so much.

[@TheFinanceStoryteller]

Fixed! Have a look/listen to my more recent videos, and you will hear the improvement of the new equipment.

[@financialfeast]

Great work team. Keep it up

[@TheFinanceStoryteller]

Thank you! Will do! 😎

[@fifthdimensionfooty9471]

Thanks Finance Storyteller 🤞

[@TheFinanceStoryteller]

Happy to help!

[@lg-power3730]

I love British accent so much, Makes it easier for me to understand

[@TheFinanceStoryteller]

Tough luck that I am a Dutchman imitating to be British then! ;-)

[@lg-power3730]

@@TheFinanceStoryteller i am a fan of dutch accent then, my friend 🥰 Heel erg bedankt 😍

[@TheFinanceStoryteller]

Graag gedaan! 😎

[@deltabeta5527]

That's such a simplified explanation

[@TheFinanceStoryteller]

Gotta start somewhere!

[@oumie9718]

Very good video. Thank you

[@TheFinanceStoryteller]

Glad you liked it! 🙂

[@Josemarieonichan]

Hi! You might not notice this but if you do can you make a video about "map of finance", like guiding us where to start learning finance from start to finish.

[@TheFinanceStoryteller]

Excellent idea, but I am not sure whether I can fully map it out from a logical start to a finish. For the accounting side of finance, I think I made a playlist that flows very well from the basics to the more advanced topics: kzbin.info/www/bejne/mGqWfHWjmL2UpKs&pp=gAQBiAQB On the side of financial statement analysis, I like to approach things from the phenomenological standpoint: What is this that stands before me? Whatever comes up when reviewing the financial statements of Apple, Tesla or Walmart, I will investigate deeper (as each company has its own unique situations), basically go with the flow: kzbin.info/www/bejne/gJCUd2t9pLGCf5o&pp=gAQBiAQB Hope this helps!

[@asad-mp7lr]

Hi Video Creator, I love finance. I just only had a chance to learn about Finance when I've attended in MBA class. It seems you do not have any video to evaluate a company (like in Shark Tank) and some tips (or reason) Why Shark always love to get 36% of a company. Can you please consider to share some knowledge about that? Anothing problem is: If a company has a plan to selling bond at the end of the Year. In my point of view, Director (or board of directors of a company) is going to have some tips to adjust Financial Statement ( doing with legal action). The main reason is to show for everyone that "My company is very profitable, now we want to get more money to growth up faster, please buy our bond". Can you also share knowledge about that? Thank you for your contribution!!

[@TheFinanceStoryteller]

Hi! I don't have videos that directly deal with the questions you asked above, but there are sections in the videos below that might be useful: What is equity kzbin.info/www/bejne/h2LdZGxrqptjrrc This discusses investors taking a stake in the company. Watch comedy series Silicon Vally, seasons 1, episode 1, as this is what I refer to ;-) Discounted cash flow (DCF) kzbin.info/www/bejne/jZbdZ5JnYp6Kn7c This discusses valuation of a company based on its expected future cash flows Free cash flow (and revenue and profit) in the business plan kzbin.info/www/bejne/fHSTi4J6jKutptE A real world case study where I helped a friend go through his numbers in the business he considered starting up. Hope this helps! Let me know what you think.

[@Aprilsfavv]

You are the best.

[@TheFinanceStoryteller]

Thank you, Nana! Happy to help.

[@konstancyja82]

Did you ever wondered what is finance about? - Watch this video!

[@TheCashFlowBlueprint-f3l]

Helpful!

[@TheFinanceStoryteller]

Wonderful to hear. Happy to help.

[@ashiqaziz8202]

Great video...keep em coming!

[@TheFinanceStoryteller]

Will do! I have a lot of topics on my list for videos to make. However, any suggestions on what else might be helpful for you are welcome!

[@ashiqaziz8202]

@@TheFinanceStoryteller of course. Please do videos on forecasting,budgeting and controlling. The usual company practices and best ways to do them.

[@TheFinanceStoryteller]

@@ashiqaziz8202 Thanks for the suggestion. I will have to think about it.... I would need to find exciting aspects of these to talk about.

[@leejinhui5531]

Tip number 4 was fascinating, thank you.

[@TheFinanceStoryteller]

Thank you, Lee! Glad you enjoyed it. I recently made a video on how to visualize Operating Income variances year-over-year by building a waterfall chart in Excel: kzbin.info/www/bejne/rp_Vgnikac92qaM

[@xAqwo10]

Where do u recommend for a person to start a buisness (first time)

[@TheFinanceStoryteller]

Try to find something that you love doing (passion), something you are good at (skills, competencies), and that has the potential to make a good amount of money.

[@xAqwo10]

@@TheFinanceStoryteller thanks

[@albertovalentim-ib7bb]

The great job

[@TheFinanceStoryteller]

Thank you!!!! 😎

[@dattarinku05]

This is awesome

[@TheFinanceStoryteller]

Thank you! :-) Please share with friends and colleagues!

[@Wearenick]

Weren't AAPL shares worth around 47 dollars in May 2019? Why do you say 200 USD? Am I looking in the wrong place? Thank you.

[@TheFinanceStoryteller]

The stock split on a 4-for-1 basis on August 28, 2020. I made the video in May 2019 based on the pre-split share price, and you are now (in 2024) looking up the historical 2019 share price on a split-adjusted basis (in other words, "history was recast").

[@Wearenick]

@@TheFinanceStoryteller I’ll check out that video. Thank you for your quick reply, you truly are a professional.

[@nourajamal8166]

Thank you!

[@TheFinanceStoryteller]

You're welcome!

[@rolex907]

I liked the narrator alot better in his role in indiana jones and the last crusade.

[@TheFinanceStoryteller]

Strange.... normally people think I sound like Niki Lauda!

[@heboreitall]

I don’t necessarily understand number one. What’s another scenario that this would be applicable?

[@TheFinanceStoryteller]

Selling goods on credit. You book the revenue and the margin, but as the customer has not paid yet, no cash inflow: kzbin.info/www/bejne/iYmZpXevbL6DncUsi=aKZY90XYTlfKFltk

[@florago_me]

Thanks a lott

[@TheFinanceStoryteller]

Happy to help

[@lukmanalghdamsi3189]

5:55 you mean like now?

[@TheFinanceStoryteller]

Yep! The rate of inflation has been pretty shocking over the past year.

[@shahneeldanish4928]

watching this cuz the girl i like says she is into finance guys

[@TheFinanceStoryteller]

She's right... finance guys are the best!!! 😎😂

[@jesseleighgordon]

She probably hopes you 6ft with blue eyes

[@Theeliteaffair]

👍

[@thedude4795]

"Dollasrh" sounds like goldmember in Austin Powersh!

[@TheFinanceStoryteller]

At least I am a lot better looking than him! ;-) Someday I want to sound like Dr Evil.

[@thedude4795]

@@TheFinanceStoryteller ofcourse. Sorry, I love the Dutch accent 🙂

[@TheFinanceStoryteller]

@@thedude4795 No worries! Thank you for watching.

[@SuccessMindset2180]

Profit is static, cash flow is dynamic

[@TheFinanceStoryteller]

Not quite sure what you mean with that. In real world companies, I have seen both profit as well as cash flow go up and down wildly in some companies, versus more stability in others. Cash flow (to be specific: cash from operating activities) does have additional components like (changes in) working capital that can create volatility.

[@monlivreetmoi]

GOOD

[@TheFinanceStoryteller]

Thank you! :-)

[@Ethical-ub3zb]

✌️

[@ishika.sachdeva]

In point 1, what is “-/-“?

[@TheFinanceStoryteller]

Very valid point, Ishika! It means minus, or deduct. Finance people also have the habit of displaying things as (5) when they mean -5, or talk about negative net income when they mean a loss. 😂

[@ishika.sachdeva]

@@TheFinanceStoryteller thanks! why not just write it as "-" then?

[@TheFinanceStoryteller]

@@ishika.sachdeva Once a habit or convention is in place, people tend to stick with it...

[@ishika.sachdeva]

@@TheFinanceStoryteller thanks! awesome content

[@TheFinanceStoryteller]

Thank you for the kind words! Please share with friends and colleagues. 😊

[@ronnieborines3818]

I can't understand the one

[@TheFinanceStoryteller]

Hello Ronnie! Are you talking about the first item in the video: profitability versus cash flow? Then maybe my video on working capital management can help: kzbin.info/www/bejne/mWbMmpqZetWjkNk

[@ronnieborines3818]

@@TheFinanceStoryteller ohh thank you

[@Est-im8zf]

Are you nordic? You have a nordic accent?

[@TheFinanceStoryteller]

Very close... from the Netherlands. 😎

[@theburden9920]

@@TheFinanceStoryteller ok where the stock exchange came from!

[@TheFinanceStoryteller]

@@theburden9920 Indeed!!! See my video on the history of accounting, where I cover that important development: kzbin.info/www/bejne/fnKvYaZ4mZ6ir8k

[@radhikaavhad8889]

Is it even understandable for a 16 yr old??

[@TheFinanceStoryteller]

Some or even most of it should be!

[@pizzagui2pizza437]

My American brain went buuurrrrr

[@TheFinanceStoryteller]

Sorry to hear that. What would you like to have improved?

[@Amadou.sylla12]

Hey Charlie Munger

[@TheFinanceStoryteller]

Charlie who? 😉

[@bambooflute2589]

Dutch accent

[@TheFinanceStoryteller]

Correct!

[@HunterGamesLetsplay]

i would take the 100 dollars today to increase my capital

[@TheFinanceStoryteller]

How do you plan to make that capital grow?

[@HunterGamesLetsplay]

@@TheFinanceStoryteller theres plenty of ways the fastest way i would say is to buy some things to resell im only 16 so im still learning

[@alwaysarafath]

Sir.. you have added huge value in my knowledge - I spent a lot of time to understand all these jargons.. I feel better now.. thanks :) ! Can you share your email id ? I would like to talk to you

[@TheFinanceStoryteller]

Thanks for the kind words! My contact details are in the "About" tab of the channel.

[@alwaysarafath]

Your email is not there sir - am I missing something

[@TheFinanceStoryteller]

@@alwaysarafath Press the "button" next to "For business inquiries:" in the Details section near the bottom of the page.

[@alwaysarafath]

Ha ha - silly mistake - you should also add in your response that “use the laptop or computer to get the email id as I can’t see that in mobile app and that’s where I was checking all these days”

[@TheFinanceStoryteller]

@@alwaysarafath Aha! So we were both right. ;-)