What is personal finance?

[Niyi Briggs]

Personal finance has to do with the income flow that comes into a person's life. It has to do with generation of income and how it is expended.

 

[Shavkat]

Personal finance has to do with the management of your financials and it has to do with proper budgeting.

Financial budgeting is one of the key factors that we need to consider. As much as possible, they need also to incorporate the cost-cutting if it is necessary to refrain from overspending.

 

[IB D]

Personal finance helps you to ascertain how much money comes into your life. It also let's you to know how that money leaves your life. It is a very important aspect of a person's life.