Personal Finance

Personal Finance refers to the management of an individual’s financial resources, including income, expenses, savings, and investments. It involves making informed decisions about budgeting, spending, borrowing, and investing money to achieve financial goals and improve overall financial well-being. Personal finance also includes understanding basic concepts such as interest rates, credit scores, and taxes, as well as planning for major life events such as retirement, buying a home, or paying for education. Effective personal finance management requires discipline, careful planning, and ongoing education about financial matters.