Money management

Money management the process of managing money which includes investment, budgeting, banking and taxes. It is also called investment management. Money management is a strategic technique employed at making money yield the highest of interest-yielding value for any amount of it spent. Spending money to provide.' all cravings (regardless of whether they are justifiable or not to be included in budget basket) is a natural human phenomenon. The idea of money management techniques is developed to plummet the amount individual, firm and institutions spends on items that add no significant value to its living standard, long-term portfolios and asset-basins. Warren Buffett, in one of his documentaries, admonished prospective investors to embrace his highly-esteemed "frugality" ideology. This is the making every expense made to be worth it: 1. cutting your budget on social needs 2. avoid any snob-appealing expense 3. always go for the most cost-effective alternative (establishing small quality...
Freebase CC-BY
Source: Money management on Freebase, licensed under CC-BY
Nidhi Bansal
Nidhi Bansal and 9 more commented on the poll by Pushti Joshi
34 mins ago
Dina  Nath Prasad
Dina Nath Prasad and 3 more took the poll by Pushti Joshi
on Dec 20, 2014 , 11:55 am
Earn TimesPoints
Follow the Interest and earn 5 points
Hide Coin Animation
You just earned Timespoints