Personal Financial Management: A Handbook for Personal Financial Management

ISBN-10: 1544625022
ISBN-13: 9781544625027
Series: Personal Financial Management
Pages: 42
Language: English
Published: 2017-03-11
Publisher: Createspace Independent Publishing Platform
Author: Festus Ibude

Description

The aim of book is to introduce the concept of personal financial management and to ex-plain the most common financial instruments. The study is motivated by three questions: (1) what is persona finance and how to management personal finance? (2) what are the common personal finance investment tools? (3) how to practice the tangible investment-real estate? The majority personal finance literatures are writing about English speaking market. Very few English version can be found discussing about Finnish financial market. Therefore, the study of this book can advance the understand of Finnish financial market for personal finance. To answer the proposing questions, a serial of literature studies has been conducted, as well as mysterious customer visit in local financial institutions. The data used in the paper is from books, and online sources of authorities and national institutes. The findings from the study are that individuals should learn how to practice personal financial management. They are ought to build up a health financial habit, for instance saving as early as possible for better financial achievements. During the personal financial management, individuals should always have goals both for long term and short term, and monitor their own performance, then adjust the plan for the financial management.