In the world today, it is becoming increasingly difficult to make a living wage. The job market is competitive and the economy is ever-changing, making it hard to stay afloat financially. That's why the financial analyst position is such a valuable one in the workplace - it provides an entry-level salary that is well above minimum wage and provides a safe financial foundation.

Financial analysts are responsible for gathering, interpreting, and communicating financial information. This information is then used to make better decisions for the company or individuals making the transaction. For example, a financial analyst might analyze the fiscal performance of existing businesses, or evaluate the potential profitability and risk associated with the launch of a new business venture. Financial analysts are also responsible for providing guidance on major financial matters, such as mergers and acquisitions.

Not only does a financial analyst provide vital guidance to businesses, but it can also translate into generous income. According to the Bureau of Labor Statistics, in 2019 the average financial analyst made about $85,660 per year. And for entry-level salary prospects in this field, this income can be substantially higher. This is great news for anyone looking to jump-start a career in finance who may not have extensive experience or education in the field.

In addition to the generous salary, financial analysts also enjoy a range of other benefits as a result of the position. One of the most remarkable benefits of the job is the opportunity to gain insight into the inner workings of businesses. Financial analysts often have access to decision making documents and internal correspondence, which can open up a unique perspective of how a company works. This is especially beneficial if the analyst is interested in eventually running a business themselves.

Another benefit to becoming a financial analyst is the chance to partake in the ever-growing stock market. Highly skilled financial analysts can perform technical analysis of stock charts and better inform what are smart investments and what investments to avoid. Many financial analysts also have access to exclusive investment options.

Overall, the financial analyst position is one that cannot be underestimated. Not only is the income encouraged, but it also offers a variety of exciting opportunities. Whether it be providing important financial advice to business or making informed investment decisions, the financial analyst can be a great way in to understanding the financial world.