Originally the word ‘wealth’ was derived from the Old English word ‘weal’ which denoted the possession of great qualities. This eventually led to the term being used to indicate ‘well being’.
In the hustle and bustle of modern life, in a world that is more and more commercially driven, the well being of a person is [...]
Personal finance to manage our financial resources.
The personal finance is the availability in terms of money and more generally the management of our economic-financial resources.
That means how we decide to use, store, bring them.
In practice, the personal finance is shown by actions such as spending decisions, saving, investing and debt concerns and everything to do [...]
Finance differs in:
Personal finance, which regards the debts and credits for individuals;
Corporate Finance, which deals with the research and the use of financial resources by enterprises;
Public Finance on the issues of research and use of financial resources by the government;
International finance, which deals with the flow of money exchanged between countries (giving [...]
Taking into account that the finance staff may change over time according to different variables, we distinguish seven main periods of what we can define the “life cycle” of financial resources:
Phase in adolescence, when still living at home, maintenance is provided by parents, for which expenditure decisions are few and small;
Achieved a degree [...]
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