What Is personal finance?

alexie

New member
I often hear people talking about personal finance, but I am not fully clear on what it really includes. Does it mean just managing income and expenses, or does it also cover savings, investments, and planning for the future? Can someone explain in simple terms with examples?
 
Personal finance is the planning and managing of your own money—budgeting, saving, investing, and handling debts to reach financial goals.
 
Back
Top