What is personal finance?

[Reedex]

Personal finance mean different things to different set of people. It is always necessary to ensure that we could be able to manage our finances and keep track of our spendings.

 

[Bisolami]

It is a way we can monitor and manage our financial activities. It can curb us from spending unnecessarily

 

[Springtime]

Personal finance is the process of planning and managing personal financial activities such as income generation, spending, saving, and investment.

 

[riberet19]

Personal finance is all that economic movement that we personally carry out transactions, fund management, investment, savings, etc.

 

[SHAHID987]

Personal finance refers to the management of an individual's or a household's money and financial decisions, including budgeting, saving, investing, and planning for retirement. It involves making informed decisions about how to best use financial resources to achieve specific financial goals, such as buying a home, saving for college, or planning for retirement. Personal finance also includes understanding and managing debt, understanding credit, and protecting against financial risks.

 

[Reedex]

Personal finance refers to the management of an individual's or a household's money and financial decisions, including budgeting, saving, investing, and planning for retirement. It involves making informed decisions about how to best use financial resources to achieve specific financial goals, such as buying a home, saving for college, or planning for retirement. Personal finance also includes understanding and managing debt, understanding credit, and protecting against financial risks.

You have a very valid point because personal finance is the management of individuals fund and it is always very important to do this.

 

[cherry123]

personal finance is about ones money and how it is being spent. more like the cash flow of a person which is both the income and expenses.

 

[Suba]

Personal finance means finance other than business, including income, expenses, savings, investments and insurance. In essence, managing personal finance is no different from managing business finance, because we also use the same accounting components such as budgeting, recording expenses and income, income from investments, etc.

 

[cherry123]

It is good study our personal finance it will help us to reduce our spending while increasing our income. This is the right thing to do.

 

[Bisolami]

Personal finance is the process of planning and managing personal financial activities such as income generation, spending, saving, and investment.

You're right
It is also the way we control our expenses so that we can know if we are spending too much

 

[uptrendfinancialsignal]

Personal finance would also be regarded as personal budgeting and it is a plan that guides you on what to spend on what.

 

[Bisolami]

Personal finance would also be regarded as personal budgeting and it is a plan that guides you on what to spend on what.

That's correct
Personal finance is the way we have planned to spend our money

 

[Elendu]

Personal finance refers to the management of an individual's or a household's money and financial decisions, including budgeting, saving, investing, and planning for retirement. It involves making informed decisions about how to best allocate resources to achieve financial goals, manage debt, and ensure financial security.

 

[Bisolami]

Personal finance refers to the management of an individual's or a household's money and financial decisions, including budgeting, saving, investing, and planning for retirement. It involves making informed decisions about how to best allocate resources to achieve financial goals, manage debt, and ensure financial security.

Correct
It is all about the money that you have and the way you have planned to spend that money

 

[Shavkat]

It is the basic thing that we need to consider in our lives. However, some people are not like this. They always in an empty-handed situation. Regardless, we still need to do this.

 

[flower]

Personal finance is all about your personal spending on how you're able to manage your expenses and prepare a very comprehensive and effective budget for yourself in order to enhance productivity.

 

[Heatman]

Personal finance would also be regarded as personal budgeting and it is a plan that guides you on what to spend on what.

It is all about how you generate money and also manage the money that you generate for your expenses to make sure that you don't run out of money and become bankrupt.

 

[uptrendfinancialsignal]

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

 

[IB D]

Personal finance has to do with how you manage financial resources that come into your life. It looks at how you can efficiently maximise your financial life and keep debts at the lowest possible level m

 

[eldavis]

For me i see personal finance as my personal capital. How much effort i work and the things i do to be able to grow my personal finance are all part of personal finance to me.