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What is Personal Finance?

Personal finance is the way you handle your money.

It involves all financial decisions and activities of an individual or household, such as earning, saving, investing and spending.

It covers a variety of money topics including budgeting, expenses, debt, saving, retirement and insurance.

The main areas of personal finance are income, spending, saving, investing, and protection.

Preparing a budget or a financial plan is critical for giving you the best shot at achieving your personal and family goals.

I hope , YOU GET THE BASIC IDEA ABOUT WHAT THE PERSONAL FINANCE IS ALL ABOUT.

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