Important Tips for Female Financial Management:
We can define Personal Finance as the way in which we relate to our environment through money. 女性理財 includes the management and administration of income, expenses, planning, saving and investment over time, taking into account financial risks and future events in your life.
Every day we make decisions like the place where we eat, our means of transport or the plans for the next weekend. All these elections have a financial basis and influence our personal finances.
家庭理財: It is the小資理財of all the income and expenses that a family unit, including all their members. Families at the financial level function as a small business and must make decisions in at least four aspects:
Savings and consumption decisions:
What part of your current assets should you allocate for consumption and what proportion of your current income should you save for your future?
Investment decisions: In this decision, you have to plan how much money you have save at the end of the month?
家庭理財decision: How and when should they use the money of other to carry out their investment plans and their consumption?
Risk management decisions: On what terms and how should families try to reduce the uncertainties of finance they face or when should the risks be increased?
Corporate finance: Focuses on the way in which companies can create value and maintain it through the efficient use of financial resources. It is subdivided into three parts:
Investment decisions, that focuses on the study of real assets in which the company should invest.
Financing decisions which study the obtaining of funds from investors who acquire the financial assets issues by the company so that the company can acquire the assets in which it has decided to invest.
Currently, public finances acquire great importance: their scientific study and their form of technical application constitute a factor for the stabilization and economic growth of the country and its companies as economic centers for the generation of decent and just employment.
Public finances: It is the study of the role of the government in the economy, that is, examines the form of administration of revenues obtained mainly by taxes and Government expenditures that is also called Public Expenditure to achieve desirable effects such as:
· Efficient allocation of resources to meet collective needs.
· The correct distribution of wealth.
· Macroeconomic stability.