what is finance

what is finance well i will tell you exactly what finance is .

Assets & liabilities 

So like you know there are things that bring money into your pocket and things that take money out of your pocket.
Assets are the things that bring money into your pocket while a liability takes money out of your pocket.
And that is very important to remember . So lets make an example shall we.

As you can see this is the assets and liability of most people in this world.
They work and have many liabilities which takes money out of their pockets. in order to become rich you will need to have more assets then liabilities .
A good example of this is google itself they have a assets business model they get income from a lot of services they sell . so their assets and liabilities look something more like this

i did not put in employees in the liabilities section because its a very small part of what they earn .
So as you can see they have a lot of assets which bring income into their pockets everyday .
And if their asset falls like a new Google pops up they still have YouTube android system and some other amazing products.