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Personal Finance
Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. When planning personal finances, the individual would consider the suitability to his or her needs of a range of banking products (checking, savings accounts, credit cards and consumer loans) or investment private equity, (stock market, bonds, mutual funds) and insurance (life insurance, health insurance, disability insurance) products or participation and monitoring of individual-
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Intentionality can be a good friend when it comes to money. Be intentional with your checking account, savings account, credit cards and everything else. This way you are more likely to end up where you want to be.
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The law of compounding effect is one of the most powerful things if you use it in your favor. The question is are you using it to set yourself up for a great financial future?
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