What is money management

[Subhadip]

Preserving your capital is more important than capital appreciation

rightly said.......:clap::clap::clap:

 

[aurther11]

The term, money management, can have different meanings depending on ones perspective. It means one thing to an investment portfolio manager and something altogether different to a gambler.

For our purposes, we are referring to personal money management. Everyone who has money is involved in some form of money management, whether they realize it or not.

Some money management tasks are should be routine, such as:

Balancing your checkbook.

Making sure you get paid as promised.

Counting your change.

Paying your bills on time.

Seeing that you are not overcharged.

 

[ashu44]

Thanx for your post i want to tell you to other people this post is really help full.you just follow the point.

 

[xasiaspin]

thank for sharing good information on "money management".i am sharing some information with you.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 answers to 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 basis of every sound money management formulas.I am very greate full.

:clap:

 

[negidude26]

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[negidude26]

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[Colleen]

Money management is 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.
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[HinduMVP]

Thanks a lot Credit Violet. Great article!

 

[Fortantimme]

Please share more info. about this money management thanks..

 

[Cayden]

Amazing! its is a vast article about money management. I have never read like this. It's very beneficial detail. I know it 'll help me in future, that's why i have saved it.

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