Saving and Budgeting

Goals of Financial Management

Introduction to Goals of Financial Management: Once assessment is done and all the current financial facts are on the table, then one can start making plans. In order to give plans a direction; there is the utmost importance of setting goals. Working without a goal is like walking / travelling without having a destination. So, …

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Financial Assessment of a Company or an Individual: Definition, Evaluation

In this personal finance tutorial course we will understand about what is financial assessment? How to evaluate personal finance? How to conduct financial assessment for a company? How to perform individual financial assessment. If a person can perform assessment in the right way, it will benefit individual in planning expenses and savings pretty well. Financial …

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What is Personal Finance? Definition, Examples, Management and Basics

Personal Finance Definition: Personal finance is the management of individual finance that includes budgeting, saving, expenses, planning, financial protections, and goal setting. Here individual means a single person as well as a family unit. To make it simple, personal finance covers everything that a person has to deal with when it comes to the money. …

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Choose Between Family Bankruptcy or Paying the Mortgage

If you have enough income to continue facing the mortgage payment, but not to deal with all the expenses that you must deal with as a family, truth is you can be in a case of family bankruptcy. Also you are in between of choosing family bankruptcy or paying the mortgage. You will surely have …

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