Nowadays, Personal Financial Planning is an important skill for you to manage your wealth. If you just put money in a piggy bank, money would not be generated by itself but at least they would not be lost. It is not enough to keep the original value forever as it cannot compensate the inflation rate. You need to spend money to invest as to generate much more wealth.
Personal financial planning is the application of the principles of finance to the monetary decisions of and individual or family unit. It addresses the ways in which individuals or families obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. Are you sure you know what is Personal Financial Planning now? Are you interested in relearning a new way to manage your wealth? If yes, we are pleased to tell you more and more in the coming days.
Reference:
http://en.wikipedia.org/wiki/Personal_finance (last visited, 22 Feb 2009)
Personal financial planning is the application of the principles of finance to the monetary decisions of and individual or family unit. It addresses the ways in which individuals or families obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. Are you sure you know what is Personal Financial Planning now? Are you interested in relearning a new way to manage your wealth? If yes, we are pleased to tell you more and more in the coming days.
Reference:
http://en.wikipedia.org/wiki/Personal_finance (last visited, 22 Feb 2009)
