What is personal finance?

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Often we hear about personal finance, but few people know what it is. Personal finance refers to the management of one’s financial life. To make things short, if you are earning income, you’re making money, and you spend that money, then you have a personal finance problem to solve. What is personal finance? Personal finance …

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Why is personal finance important?

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Personal finance is a broad term that refers to managing your money. Essentially, personal finance is about building your wealth through wise spending and saving decisions in the present so that you can enjoy greater financial resources during your future. It may be a cliché to say so, but personal finance is fundamentally about making …

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