Managing Personal Finance

Hi

Learning personal finance to a great extent is like learning to ride a bike, you fall, you get cut and bruises but at the end you learn riding. All you need is courage to get started to plan your pocket money or a family budget.

If you ask an ordinary or wealthy person how much money you need the reply would be - just a little bit more - we never find that, there is enough money. Problem is , having money does not solve any fanancial concerns. It depends how you manage money. Money management skills and good financial policies are needed no matter how much or how little money you have.

Managing finance, as budgets work best for keeping healthy cash flow, keeping expenses lower than income etc.