PERSONAL FINANCE defined
Managing your personal finances has never been so complicated, in our consumption driven society of today, many of us have come to believe that all our worries will be solved if we have more money.The truth is, of course, you do not need more money but you need to have sound financial intelligence to be able to live in our world today.
Hence Personal finance as defined by Wikipedia is the application of the principles of finance to the monetary decisions of an individual or family unit. It addresses the ways in which individuals or families obtain,budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. Components of personal finance might include current and saving accounts, credit card and consumer loans, investments in the stock market, insurance policies and income tax management. This is the beginning of the series personal finance, i hope you will enjoy reading.
"A journey of a thousand miles begins with a single step" Lao-Tzu
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