Money Comes in Three Forms
Finance is a large area of study that deals with money and investments. It also includes financial institution management. Personal finance, business finance , and public finance are the three major areas. Each of these groups has its own set of specialized areas, procedures, standards, and objectives. The practice of managing your money is known as personal finance. Budgeting, banking, investment, insurance, mortgages, and retirement planning are all included. Tax and estate planning are also included. Income includes any cash received by an individual, such as salaries, wages, dividends, and other kinds of financial intake. It is the most significant source of cash that an individual can utilize for spending, savings, investments, and protection. Costs are money spent by an individual, such as rent, groceries, home furnishings, dining out, entertainment, and travel. Individuals must manage their spending so that they do not surpass their income, reducing the amount of money available