Personal Finance Management Task
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A Personal Finance Management Task is a financial management task that involves a personal financial claims.
- Context:
- It can make use of Personal Economic Measures.
- …
- Counter-Example(s):
- See: Personal Budget, Checking Account, Savings Account, Credit Card, Loan, Stock Market, Bond (Finance), Mutual Fund, Life Insurance, Health Insurance, Disability Insurance, Retirement Plan, Social Security, Alternative Financial Service.
References
2021
- (Wikipedia, 2021) ⇒ https://en.wikipedia.org/wiki/personal_finance Retrieved:2021-3-9.
- Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events.
When planning personal finances, the individual would consider the suitability to his or her needs of a range of banking products (checking, savings accounts, credit cards and consumer loans) or investment in private equity, (stock market, bonds, mutual funds) and insurance (life insurance, health insurance, disability insurance) products or participation and monitoring of and- or employer-sponsored retirement plans, social security benefits, and income tax management.
- Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events.