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...
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Source: Money management on Freebase, licensed under CC-BY
Pramod Agarwal
Pramod Agarwal and commented on the discussion by Nina S
on Aug 20, 2014 , 11:20 pm
Nina S - Is gold jewellery investment a good idea?
My parents invested in a lot of gold jewellery but now that they want to sell it for cash, it's turning out to be a big loss for them. They buyers are offering a price much lower than what they invested. Apparently, jewellery entails making charges more »
Krishan Agrawal
Krishan Agrawal reported the Citizen Journalism
on Aug 07, 2014 , 09:21 pm
Home not delivered in 3 years after loan? You will now lose out on tax breaks
SPOTLIGHTOffbeatSotheby’s to sell homes at list prices of Rs 15-200 crWith India emerging as a real-estate destination and the number of HNIs surging, Sotheby’s has prepared a list of marketable and saleable properties.Speed limiter devices must more »
Deepak Saxena
Deepak Saxena and 4 more commented on the blog by Rajesh Vyas
on Aug 07, 2014 , 01:54 pm
Rajesh Vyas - 5 money management lessons you can learn from PM Narendra Modi
During the long-drawn election campaign for the recently concluded 16th Lok Sabha polls, India witnessed a proficient orator and an excellent marketer in Narendra Modi who made an impression on every voter in the country and created history by coming to power with a landslide victory. Although the jury is still out on whether he can live up to the expectations of his countrymen, retail investors certainly stand to gain from him. The gains, so far, have been tangible as the BSE Sensex, more »
Bharat Joshi
Bharat Joshi and 4 more commented on the poll by Pritha Singh
on Jul 28, 2014 , 08:07 pm
Pritha Singh - Is it wise to have a joint bank account?
Yes, it's a great option to have controlled expenses
No, one should handle their own money
Can't say
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