What is meaning of finance ?

The meaning of finance is: Finance is the management of money and other financial resources. It involves activities such as saving, borrowing, investing, and forecasting to achieve personal, business, or government goals.

Wimple Definition:

Finance is how people, businesses, or governments get, use and manage money.

What Is Finance?

Finance refers to the management of money for various purposes, including banking, debt capital markings, investments, Credit, and as well as liabilities, It applies to people, businesses, and governments.

It applies to economics, accounting, investment banking and trading, Financial markets, asset management and risk management, commerce, management, and investing strategies, Finance also covers and organizations need for capital.

Main Areas of Finance

1. Personal Finance

• Includes budgeting, saving, investing, loans, insurance, and retirement planning.
• Managing your own money.

2. Corporate finance

• Managing money in own Business
• Focuses on raising capital, investing in projects, managing profits, and controlling costs.

3. Public Finance

• How governments manage money.
• Involves taxes, budgeting, public spending, and national debt.

what is personal financial planning?