Personal finance defined as the concept of managing the individual and families financial activities. It can be summarize in how to plan ,generate, spend, save, protect, and invest your financial resources.
Money touches every aspect of life, and if a person doesn’t know how to manage it, then it can lead to a lifetime of headaches and stress,
The main areas of personal finance:
- Planning
- Income.
- Spending.
- Saving.
- Investing.
- Protecting.
