ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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charge cards
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debit cards
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awareness of your cash flow
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living your life like YOLO
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Detailed explanation-1: -Money management refers to the process of tracking and planning an individual or group’s use of capital. In personal and corporate finance, money management usually includes budgeting, spending, saving, and investing. Private banking financial advisors provide money management services to individual customers.
Detailed explanation-2: -Cash flow management means tracking the money coming into your business and monitoring it against outgoings such as bills, salaries and property costs. When done well, it gives you a complete picture of cost versus revenue and ensures you have enough funds to pay your bills whilst also making a profit.
Detailed explanation-3: -Your Financial Plan Should Be Unique To You. Intelligently Invest For The Long Term. Diversify, Diversify, Diversify. Set Realistic Goals. Plan Professionally For Your Future. 04-Apr-2022
Detailed explanation-4: -Make a personal budget. Track your spending. Save for retirement. Save for emergencies. Plan to pay off debt. Establish good credit habits. Improve your money mindset.