What is personal finance

Personal finance in the simplest way you can absorb personal finance is the application of financial principles to the money of individuals or families. Personal finance will involve common financial issues such as spending, income, investment, savings, etc. Or you can also understand that personal finance is the use of money effectively. Best. It both helps you to live comfortably and avoid unnecessary risks from daily life.

How to manage personal finance?
There are a lot of sharing so you can effectively manage your personal finances. But you know, everything is not suitable for all. Therefore, you also need to consider and choose effective and appropriate methods to apply for yourself. Because there will be many people who are disgusted and do not even have much interest in taking notes and calculating with numbers.
· Get ​​rid of the negative and wrong thoughts: If you've ever thought about "having money and managing it," then get rid of it quickly. With little management, when there is more management experience will be better. Learn how to better manage what you have, so that those things add to your benefits. This is a good habit that each person should maintain. Know where the money you earn is going to the beginning every day every hour!
· Cutting spending is not the best measure: Many people have thought, cutting spending is the best form of financial management. But that is not! You should only cut down on expenses that are not as valuable as buying excessively, spending excessively. Left to cut down you need to consider the actual situation and choose for efficiency.
· Set goals from small to big: Don't expect miracles to happen, you can't just wait to win a prize or a prize. Right now, write down your goals. Small goals first, closest and easily done in your ability most. Complete it, repeat it. Then gradually increase your target. You will receive "sweet fruit" soon.