Budgeting and Money Management
Money management is essentially the process of banking, saving, budgeting, saving, monitoring taxes of one’s money that is also known as investment management. The objective of this money management is to ensure that a person is financially secure. It helps a person achieve his goals in life by helping him to plan for the future and monitor the present status of money. The principles of money management refer to financial planning for short-term and long-term goals. A good budget plan…