What is personal finance quizlet?
Personal Finances. The practice of determining AND managing a person's financial needs and goals for the future. Consumer.
What is the example of personal finance?
Managing your money—including saving, investing, and setting financial goals—are all part of personal finance. So are areas like budgeting, retirement planning, and saving for your children's college educations.
What are the 3 principles in personal finance?
Every one of these books can be reduced into three basic principles: Spend less than you earn. Make the money you have work for you. Be prepared for the unexpected.
What is the best definition of personal financial planning?
Personal financial planning is arranging to spend, save, and invest money to live comfortably, have financial security, and achieve goals. Everyone has different financial goals. Goals are the things you want to accomplish. For example, getting a college education, buying a car, and starting a business are goals.