MONEY | PERSONAL FINANCE
Money Management refers to the processes of budgeting, saving, investing and spending an individual’s, household’s, or organization’s finances. At the Individual and household level, Money Management encompasses Personal Finance. It entails an optimized balancing act between money inflows and outflows, in line with your personal financial goals and resources.
Any program of financial fitness, financial health, and financial well-being includes these same aspects and contents. In its pure form, it entails “Making the ends meet” or “balancing the books.
Instead of asking, “What Should I do in my portfolio [of investments], ask “What should I do outside of my portfolio?” Because, in the grand scheme of things, your investment portfolio is just one part of your financial picture. There are many other levels [who you marry, your job, your mindset, your lifestyle, etc.] that you can pull if you want to improve your finances. However, these levers will be dependent on where you currently are in your financial journey. Nik Maggiulli, of Dollars and Data.
Enjoy the articles and… Sweat Your Assets.
Never Miss New Content. Subscribe To My Newsletter.
Get Access to My Latest E-Book with a curated list of Best Quotes on Money, Investing and Entrepreneurship, to boost your Financial Growth.
You have Successfully Subscribed!