What Is Personal Finance? and Importance of Personal Finance

Floral Separator 24 September 2022 By : Quick Insurance Guru FINANCE FINANCE

The term "personal finance" refers to managing your finances as well as saving and investing.

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Americans have racked up a lot of debt because they don't know how to manage their money or practise financial discipline.

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The 5 areas of personal finance are income, saving, spending, investing & protection.

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Income

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Spending

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Saving

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Investing

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Protection

[{"selector":"#anim-c991f2dc-fc47-4ba7-b8c4-55bdeb573780","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-77ae5772-8c5c-4c7c-9584-ceaf65287a76","keyframes":{"transform":["translate3d(0px, 93.05091%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-23368258-849a-4bdf-bfb5-f47b384dd512","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d5b11100-40a5-4ca4-beb3-72813ddaaded","keyframes":{"transform":["translate3d(0px, 1060.88829%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eab120b0-d3dd-4166-92b6-ba5d4c1da5d1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ad6c01a2-8596-4e14-9ef6-f414d9d55829","keyframes":{"transform":["translate3d(0px, 531.40141%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7f663504-f308-4c2c-b2d1-043af6001b1f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e89b13d-2d8d-4f84-b579-54715e59c3b7","keyframes":{"transform":["translate3d(0px, 473.45689%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2acb138d-de85-4661-9929-ebb2e719888e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8300de63-65b6-46b6-9382-78d3d66201a2","keyframes":{"transform":["translate3d(0px, 215.94646%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e9fb5c2b-4591-49cd-971c-04547c327fea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(14.845617316565049%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Floral Separator Credit : Unsplash The term "protection" refers to the measures people take to safeguard their assets from unforeseen occurrences like diseases or accidents.

[{"selector":"#anim-fde07df5-43f5-40aa-882b-650d0d3faaca","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-48677535-c8bf-420d-b589-ea58f440bac1","keyframes":{"transform":["translate3d(0px, 93.05091%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e77d7ec0-4e22-4bc7-afb6-8a17da17f8bd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-28bfc8f7-c834-4b55-983f-40b433bb09ac","keyframes":{"transform":["translate3d(0px, 531.40141%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-58ef4256-8403-4501-a5ad-71f09eba9626","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc1868d3-5d94-4574-960a-9740263b4f90","keyframes":{"transform":["translate3d(0px, 473.45689%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56a94e00-0fef-4efe-9fb2-7e56fe83c551","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d51e38ee-b354-4bbf-84ef-50ccd920ac9d","keyframes":{"transform":["translate3d(0px, 243.72424%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-acb577a6-87a2-4949-830c-b055c7fc61d6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Floral Separator Credit : Unsplash How to manage your finances; you take control of your financial concerns and have a strategy to handle the pricey surprises life can throw at you.

THANKS FOR READING!

[{"selector":"#anim-5e61149e-6d33-4641-a288-6336e04bdb28","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9afe6a8e-738f-410d-88c0-0b8ba4d404a9","keyframes":{"transform":["translate3d(0px, 89.70641%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c08bcee3-0b76-48b1-a122-1b3985246ee2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-28dee528-1297-4702-9560-65c39df8fabd","keyframes":{"transform":["translate3d(0px, 1028.88827%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-db196b72-1405-41d6-a4c2-bf89ac26b610 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(18.74999981037622%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-be3cf618-cf9c-43b7-a797-51888ab7e690","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e75622b-8bf8-4760-b4af-b8233988de31","keyframes":{"transform":["translate3d(0px, 321.88034%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53aba239-134f-4598-91fd-c80b2023a7a6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9111c9e9-c1d0-4e24-a54b-10a679811b51","keyframes":{"transform":["translate3d(0px, 637.37384%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] What Is Personal Finance? and Importance of Personal Finance FINANCE FINANCE By : Quick Insurance Guru Importance Of Personal Finance