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
Harshh Mishra
Harshh Mishra and 14 more commented on the blog by Lipla Bhatt
on Nov 25, 2014 , 11:22 pm
Lipla Bhatt - Top 11 things to remember before buying a Life Insurance Policy
The basic intent while buying a Life Insurance Policy is to protect your family and ensure a secured future for them; and tax exemptions come as an incidental benefit. So first and foremost, never get confused with the purpose of opting for any policy. Here is a list of things that you must remember and consider before buying a Life Insurance Policy. Read these and make sure you keep them in mind next time you are opting for a new policy. Stick to your planned budget Figure out how much more »
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