Friday, October 8, 2010

Personal Finance

Personal Finance is the science that studies the application of financial concepts in financial decisions a person or family. In personal finance are considered the financial events of each individual as well as their stage of life to assist in financial planning. Studies of financing options, household budgeting, calculation of investment management, current accounts, retirement plans, asset monitoring and tracking expenditures are examples of tasks associated with personal finances.

Objectives

The primary purpose of personal finance is to allow each individual to have a healthy financial life (controlled) in order to overcome times of adversity inherent in everyday life without stress, as well as enabling greater reach other goals such as buying a house, a car or start your own business.