It goes much more into details than that. Math comes very fast into play (and yes, simple sums is math and many people struggle even for that unfortunately) and if you want to avoid it, you have to trust other people to do it for you. And that comes with a small or very high price, depending on how well you are able to judge them.

For example, if you want to build a fence around your house, paint your walls a new color or with a design, or sew yourself a new outfit or quilt, all of those activities require knowledge about measurement and scaling. More complicated construction projects, such as building a treehouse, require lots of mathematical problem-solving skills.

Once you’ve laid out the plans for one of these projects, you need to buy all the materials. Percentages – which are special kinds of fractions – are especially important to understand when managing money. Understanding percentages can help you budget your money and increase your net worth.

Beyond budgeting, you might find yourself using percentages when cooking a double batch of brownies, determining how much medicine to take when you’re sick or understanding the weather forecast.