Personal finance management is simply the management of money and financial decisions that cover managing your money, savings, spendings, etc. The personal financial management includes budgeting, banking, tax, retirement planning. In simple words, the personal finance management is all about meeting financial goals. Whether it is your retirement planning, short term financial goals, savings for future. All this planning depends on your income, your expenses or spendings and comes up with a plan to fulfill the requirement under your financial constraints. The process of managing personal finance can be summarized in a financial plan.
https://expensetrackingapp.blogspot.com/2020/02/personal-financial-management-skills-you-need.html