Types of financing, availability of loan for a business, features of loan for a business, ways of loan for business, financial management, innovative financial services

1. Personal finance
Naik arshi asif
Rollno : 55
Introduction:
Types:
1. Budgeting
2. Manage debt
3. Saving
4. Retirement

2. Personal finance
Financial management is an important
part of financial planning. When planning
personal finance, having a clear objective
and knowledge about one’s finances is
an essential part of creating a workable
plan that is right for you. Financial
management involves creating a budget,
choosing a bank , paying taxes , managing
debt, investing, retirement planning and
savings etc
Personal finance, the individual would
consider the suitability to his or her needs

3. Budgeting :
Managing the personal finance
Budgeting is the process of creating a
plan to spend your money. This
spending plan is called a budget. It
determine the advance spending plans
whether you will have enough money
to do the things you need. Budget is
simply balance your expenses with your
income

4. It is important to take control of debt.
Personal finance can create plans to manage
the debt . Although most people have some
kind of debt,such as car
loan or a mortgage, high interest debt can
lead to disastrous consequences.
Manage debt :
Saving:
When saving for retirement, an early start
can make all the difference make the
most of your contributions through
available employer match programs.

5. Retirement:
Planning for retirement is essential to ensuring a comfortable
life in the future. Investing in an employer – sponsored
retirement plan is good way to save for future, reduce tax
liability etc that it should save for suitable to his or her
needs for future life events