Financial Management, Personal Finance & Planning Basics 101 – Life Cycle Theory for Dummies 2

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Financial management for beginners and dummies. This is great stuff for people looking into personal finance and money management. Life cycle theory is very deep and difficult to understand, this is great stuff for beginners and dummies. This is tutorial 2 this is great for investors and people interested in the stock market and trading.

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.[1] 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- or employer-sponsored retirement plans, social security benefits, and income tax management.

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