Personal Finance is money that comes to us either in the form of wages or other sources of income such as lottery winnings, inheritance, business profits, investment income that we spend stored or invest to achieve their personal goals.
In our world the issue of managing personal finances is very crucial. Strange to see that intelligent and educated people that create added value for their employers, did not know how to manage your personal money.
It is clear that if in the country, where we live, there is no system of financial management, sooner or later a crisis occurs. Also we should be specific goals, budget and plan. We, as the state has cash flows of: expenses, income, liabilities, risks. The only difference in the magnitude of these flows. In order to manage all this, we need a work plan. Unfortunately, many do not find the time to make it, and what is even sadder: many do not even think about it. I'm talking about the financial plan that everyone should make, then to follow him to make their lives financially secure. Composing it, we must think about the dream, about what you will get if you implement it.
There are many examples when a person wins the lottery a large sum and around from going to a lot of new "friends" who know how to live beautifully. In the end, the costs usually begin very quickly to reduce the amount won and in the end the person is left with debt. This is a classic example, which shows that it is necessary to be able to control your personal finances. Better to get money for a job well done and then get the money to "work for themselves".
Personal Finance invest in yourself — in your training, all the time! Successful people invest about one third of income and finally earn even more. This is a very simple rule, which is to understand for yourself!