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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Ajay Batra
Ajay Batra and 6 more commented on the discussion by Jia Sen
20 mins ago
Jia Sen - Right age to give kids pocket money?
Giving pocket money to your kids is the easiest way to help them learn the basics of money management. But the question is when is the right time to give them money?Pocket money will also helps teach your children about having to make important more »
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Prashant Maane
Prashant Maane and 3 more took the poll by Deeksha Talwar
on Jan 30, 2015 , 11:41 pm
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Prashant Maane
Prashant Maane and 2 more commented on the poll by Deeksha Talwar
on Jan 30, 2015 , 11:41 pm
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Geeta Chopra
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