Personal Finance
Personal finance refers to managing your money, saving, and investing. It encompasses various aspects, including budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning1. Essentially, it’s about meeting your financial goals and understanding how to achieve them—whether that’s saving for short-term needs, planning for retirement, or funding your child’s education. Being financially savvy helps you make informed decisions and navigate the complexities of your financial life. If you’re interested in learning more, there are free online resources like articles, courses, blogs, podcasts like articles, courses, blogs, podcasts, and books that can enhance your financial literacy
Personal finance encompasses the whole universe of managing individual and family finances, taking responsibility for your current and future financial situation, and setting financial goals. It also includes handling individual financial tasks and saving for emergencies.