A Definition of Personal Finance - Deepstash
A Definition of Personal Finance

A Definition of Personal Finance

Personal finance is about managing your own money - how much you spend, save, get into debt, and invest.

How you manage your money will depend on your age, education, ambition, family, and country of residence. While this guide will give you enough input to work out a strategy, you should always consider your own personal situation.

867

5.78K reads

CURATED FROM

IDEAS CURATED BY

val_q

"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." ~ Warren Buffett

The idea is part of this collection:

Behavioral Economics, Explained

Learn more about moneyandinvestments with this collection

How to make rational decisions

The role of biases in decision-making

The impact of social norms on decision-making

Related collections

Similar ideas to A Definition of Personal Finance

The Golden Rules of Personal Finance

The Golden Rules of Personal Finance

  • Spend less money than you earn
  • Always plan for the future: you should always look forward beyond the current month
  • Make your money make more money: invest, start a business or invest in your education.

What a Budget Does

What a Budget Does

As a personal financial planning tool, a written, monthly budget allows you to plan for how you'll spend and/or save your money each month and also keep track of your spending patterns.

With a budget, you can begin to prioritize your spending and better manage your money and financia...

A Way To Spend Money  OnΒ Your Self?

A Way To Spend Money OnΒ Your Self?

β€’ Health: Both your physical and mental health are super important for life. Ignoring either in the long run will not be good - spend time in taking care of your health, invest in your own well-being.Β 

β€’ Personal Finances: Money is not everything, but to lead a good, comfortable life - it i...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

β€”

100+ Learning Journeys

β€”

Access to 200,000+ ideas

β€”

Access to the mobile app

β€”

Unlimited idea saving

β€”

β€”

Unlimited history

β€”

β€”

Unlimited listening to ideas

β€”

β€”

Downloading & offline access

β€”

β€”

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates