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...
Yes, it's a great option to have controlled expenses
No, one should handle their own money
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I often hear people say that it is very important to keep your money safe while you travel. While some prefer to carry cash, some believe only to keep plastic money while on a holiday including credit or debit cards and there are some who keep more »
I have just finished my college and I would be soon taking up a job, though I would continue doing my Masters along side. I am quite confused whether I should start saving right now or wait for sometime when I am earning good money.While my parents more »