Managers need multiple skills in order to perform their tasks in an effective manner. Understanding financial angle of their sub-functions is one such key skill. Knowledge of financial aspects that help in decision making is the key to their success. Hence it is important for managers to be equipped with financial decision-making tools. Skills such as understanding and analyzing Financial Statements, Costing and ways to reduce them, Pricing and related decision making etc. are of critical importance in handling most of the issues businesses are facing these days. Modern managers invariably have to solve these problems collectively, involving everyone to contribute in many ways, Finance nuggets are always of use.