"Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events."
Managing personal finances and creating a financial plan.
Income: Understanding the different sources of income, how to calculate it and how to increase your income.
Expenses: Learning how to identify your various expenses, categorizing them and calculating your total expenses.
Savings: Exploring ways to save money, the importance of saving and how to create a savings plan.
Goal Setting: How to set SMART financial goals and prioritize them. Understanding the impact of setting goals on achieving financial freedom.
Budgeting Tools and Apps: Learning about the various budgeting tools and apps available and how to use them to make budgeting easier.
Debt Management: Understanding different types of debt, how to manage debt and debt repayment strategies.
Credit Score: Understanding what a credit score is, how it's calculated, and why it's important. Tips for improving credit score.
Investments: Introduction to investments, understanding the different types of investments and how to invest money. Risk assessment and creating a diversified investment portfolio.
Budgeting Mindset: Adopting a positive money mindset, breaking bad financial habits, and developing good ones.
Emergency Funds: Understanding the need for emergency funds, how much to save and how to start building an emergency fund.
"When planning personal finances, the individual would consider the suitability to their needs of a range of banking products (checking, savings accounts, credit cards and consumer loans) or investment in private equity, (companies' shares, bonds, mutual funds) and insurance (life insurance, health insurance, disability insurance) products or participation and monitoring of and- or employer-sponsored retirement plans, social security benefits, and income tax management."
"Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events."
"…a range of banking products (checking, savings accounts, credit cards and consumer loans)..."
"…investment in private equity (companies' shares, bonds, mutual funds)..."
"…and insurance (life insurance, health insurance, disability insurance) products…"
"…participation and monitoring of and- or employer-sponsored retirement plans…"
"…social security benefits…"
"…income tax management."
"The individual or a family unit performs [personal finance]."
"[Personal finance is] to budget, save, and spend monetary resources over time."
"[Personal finance is] to budget, save, and spend monetary resources over time."
"[Personal finance is] to budget, save, and spend monetary resources over time."
"[Personal finance is] taking into account various financial risks and future life events."
"When planning personal finances, the individual would consider the suitability to their needs…"
"[Personal finance involves] investment in private equity (companies' shares, bonds, mutual funds)..."
"[Personal finance involves] insurance (life insurance, health insurance, disability insurance) products…"
"[Personal finance involves] participation and monitoring of and- or employer-sponsored retirement plans…"
"[Personal finance involves] income tax management."
"Personal finance is the financial management which an individual or a family unit performs…"