Most people find dealing with personal finances a chore. People are loath to manage their finances for all sorts of reasons, including not being comfortable with math, not having time, or even being fearful of finding out that there's just not enough money in the bank to cover the bills.
Being willfully ignorant about your finances is not a smart strategy whether you are flush with cash or not. Having a clear understanding of your finances is a crucial first step in maintaining or improving your financial health and avoiding unnecessary stress. Remember that financial knowledge yields financial power.
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April 27, 2009
Financial Management
To improve your personal financial management skills, you must learn what is involved. The different aspects to financial management include:
* budgeting
* banking and saving
* paying taxes
* investing
* managing debt
* retirement planning, and
* estate planning.
You don’t have to learn everything at once or become an expert. Start with an overview of the basics, and continue to educate yourself over time. The following list will get you started.
related articles:
Net Income
Commodities and Futures
World Market Watch
Best of way to do when making your Budget
* budgeting
* banking and saving
* paying taxes
* investing
* managing debt
* retirement planning, and
* estate planning.
You don’t have to learn everything at once or become an expert. Start with an overview of the basics, and continue to educate yourself over time. The following list will get you started.
related articles:
Net Income
Commodities and Futures
World Market Watch
Best of way to do when making your Budget
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