UR Finance Or Personal finance
Refers to the financial management of which an individual or a family unit is required to make to obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future life events.
When planning personal finances the individual would consider the suitability to his or her needs of a range of banking products
- Savings accounts,
- Credit cards
- Loans ( Housing, Car , personal , Consumer )
- Stock market
- Mutual funds
- Insurance (life insurance, health insurance, disability insurance)
- Employer-sponsored retirement plans, social security benefits, and income tax management.