We rarely see stories of someone turning their life around by relying on math. There are movies and stories of how people use math when they gamble or bet, some of the best examples are probably blackjack and fantasy football, in fact; betting requires a bit of math from people, and it still manages to be a very popular mode of entertainment – just look at all the online bookmakers offering promotions like the MansionBet Welcome Bonus! However, these are math experts, whose brain works like a computer, and casual users don’t really comprehend those calculations.
Throughout elementary and high school a lot of students struggle with complicated math problems. One of the reasons for that is because some of them are simply better at other things and have difficulty comprehending more complex formulas. Another reason is that they rarely see how math can have practical use in a career path they are opting for.
This is not entirely true, and although there are jobs that more heavily rely on using math compared to the others, the use of math in everyday life certainly exists. Here we will go over how math can be useful even if your job does not require complex calculations.
Organizing your budget
One of the most useful applications for math in everyday life is organizing your finances. As we all know it is important to have a positive credit score, in case you wish to get any meaningful investment for future business ventures. With the right use of math, you can optimize your shopping habits and shopping list, as well as expenses that need to go for your utilities and ensure to have some extra cash in the event of unplanned expenses.
Creating a business plan
In the event you ever wish to start your business you might have to get a loan. In order for banks or lending institutions to approve the funds, they will want to see your business plan, and financial projections are an important part of that plan. This means you’ll have to do data analysis, give projections based on that analysis, and show your annual net income and revenue. This only shows how being good at math can have a major impact on your future.
It’s important to meet deadlines, and the more complex projects or tasks one has to manage, the more difficult it is to give accurate projections. This is because of the scope creep that can easily mess with the entire plan of development. For that reason, project managers need to have insight into the subject matter of the type of project they are managing, good communication, and good math skills.
Teaching your kids math
Finally, whether we like it or not math is still an essential subject in our schools, and your kids might struggle with it. So, knowing the basics will come in handy in case they need further assistance with that subject.
Solving math problems also has a positive impact on the development of your brain. This is because some of the zones that are active during decision-making and problem-solving are also active when we are doing calculations.
There are many jobs in the field of digital marketing, as it is one of the essential processes for facilitating business growth. Planning your posts, and your social media campaign also requires math skills. In other words, there is a good chance you might need this if you enter the world of digital marketing.