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Notes 1
TOPIC 2 - AREA AND PERIMETER
TOPIC 3 - THREE DIMENSIONAL FIGURES
TOPIC 4 - PROBABILITY
TOPIC 5 - TRIGONOMETRY
TOPIC 6 - VECTORS
TOPIC 7 - MATRICES AND TRANSFORMATIONS
TOPIC 8 - LINEAR PROGRAMMING
IMPORTANCE OF
MATHEMATICS IN OUR DAILY LIFE - PART 4
13. Math Helps You with Your Finances
Math is also helpful with your finance.
With the help of math, you can easily make your financial budget. You can
calculate how much money you have and how you can spend your money. Almost
every single human in the world uses math for their finance. The salaried
person uses math to calculate their expenses and salaries.
On the other hand, businessmen use math to
calculate their profits and loss. They also use it to calculate their loans and
many more. It highlights the importance of business mathematics and also plays
a crucial role in business accounting.
14. Math develops flexible thinking and
creativity
Practicing math has been shown to
improve investigative skills, resourcefulness and creativity. This is
because math problems often require us to bend our thinking and approach
problems in more than one way. The first process we try might not work. We need
flexibility and creativity to think of new pathways to the solution. And just
like anything else, this way of thinking is strengthened with practice.
15. Math Helps in Budgeting Our Life
Daily, we must pay various expenses to get
our essentials to survive. Without budgeting, we might become extravagant
and spend entire pocket money on useless matters. Therefore, it becomes
necessary to make a monthly budget to save money, and, of course, it is
possible only with the help of math. We can calculate things and estimate them
reasonably if we know math formulas. Hence math is essential to escape from
spending excessive money and save it for the future.
16. Helps in Effective Decision Making
Math is the only subject that makes students confident to face the world. Math contains problems, and the correct equation solves these problems. Students have to decide which formula is accurate to solve the problems. This approach makes the students better decision-makers by adopting the right decision at the right time. In addition, this practice develops intellectual ability and a better sense of humour in the students.
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