ELI5: Explain Like I'm 5

Financial modeling

Financial modeling is like having a pretend bank account. You use it to pretend to save money and make decisions. You can figure out how much money you will have in the future based on the decisions you make. For example, you might pretend to save money each month and invest it in different stocks or put it into a savings account. This can help you plan for the future and decide when to spend and when to save.