Question

Write a short note on proper money management (50 words)

Answer 1

Money management is the process of expense tracking, investing, budgeting, banking and evaluating taxes of ones money which is also called investment management.

Money management is a strategic technique to make money yield the highest interest-output value for any amount spent. Spending money to satisfy cravings (regardless of whether they can justifiably be included in a budget) is a natural human phenomenon.

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Answer 2

Money management is the method of saving, spending, investing, or otherwise management of the capital usage of a group or an individual.  

Explanation:

• Managing our money involves time to understand and to improve on and to become expert, it takes more involvement and a solid understanding of our financial situation.  

• There are multiple ways for proper money management. Such as creating a financial plan and sticking to it which helps us understands with clarity and full transparency our financial situation.  

• Managing our money involves time to understand and to improve on and to become expert, it takes.

To learn more:

1. Write a short note on proper money management (50 words):

https://brainly.in/question/4304366

2. Write short note on Proper Money Management in 150 to 200 words:

https://brainly.in/question/4544372