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What we mean by personal finance
What we mean by personal finance
What we mean by personal finance
Hi ,
Last month on the Trybe, we learned about practical data (internet access) management and how we can stretch our budget in our discussion about utilities.
We've mentioned that the Keble Trybe is a convenient and fun way to learn about personal finance, but…
What do we mean by personal finance?
The term refers to practices that help us achieve personal economic satisfaction or financial freedom.
Such practices include:
Choosing and amending your life goals
Choosing or creating an effective record-keeping program
Having an emergency fund
Having the appropriate insurance coverage
Creating a flexible budget
Evaluating and picking investments
Making and implementing a retirement plan
And lots more…
It's true that people unconsciously overlook serious financial discussions in their twenties…
However, learning about personal finance prepares you for every stage of the adult life cycle, like marriage, having children, and other significant life changes.
Education in these situations increases your ability to obtain, efficiently use, and protect financial resources and Increases your control over your financial affairs and confidence in your relationships.
If this interests you, click the link below to join the Trybe or share with your friends.
With Love💚Bisi from Keble.
