Finances are a branch of economics that addresses the issue related to obtaining and managing money, resources or capital by a person or company. Finance refers to how resources are obtained, the way they spend or consume, the way they invest, lose or profitable.
The administration or management of money or capital, today has become a profession in an art by the inherent complexity of an environment that swarm many variables and elements. The techniques and ways to acquire and manage money are becoming more complex, more demanding.
Finance study various aspects and elements related to the whole process of obtaining and managing money or capital. Finance seek to improve the sources from which you get money and seeks to optimize its use, which can result in spending or investment.
That is why the finances are very well distinguished between investment in an asset that retains and even potentiates the money, and just spending it only leads to the disappearance of money. The study of finance is very complex because they are closely related to a host of factors such as microeconomics, macro-economic policy psychology, sociology, culture, and other aspects that are either affect or influence in the decisions that humans in terms of money. That is why in finance is not all laws, rules or parameters are universal, as each society, each population has different elements that influence and modify human behavior against the money.
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