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Financial management is the business function concerned with profitability, expenses, cash and credit. These are often grouped together under the rubric of maximizing the value of the firm for stockholders. The discipline is then tasked with the "efficient acquisition and deployment" of both short- and long-term financial resources, to ensure ...
Strategic planning is an organization 's process of defining its strategy or direction, and making decisions on allocating its resources to attain strategic goals. Furthermore, it may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains ...
Personal finance is the financial management that an individual or a family unit performs to budget, save, and spend monetary resources in a controlled manner, taking into account various financial risks and future life events.
Financial intelligence is a type of business intelligence constituted of the knowledge and skills gained from understanding finance and accounting principles in the business world and understanding how money is being used. Although a fairly new term, financial intelligence has its roots in organizational development research, [1] mostly in the ...
As more of Gen Z enters the workforce, their financial goals are beginning to crystallize. The previous generation -- millennials -- prioritize building an emergency fund, getting out of credit ...
Zero-based budget: Best for tracking every dollar. Pay-yourself-first budget: Best for saving and building wealth. No-budget budget: Best for freedom and flexibility. Values-based budget: Best for ...
v. t. e. Corporate finance is the area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources. The primary goal of corporate finance is to maximize or increase ...
YNAB is often highly recommended among ADHDers for its methodical budgeting strategy. 2. Make budgeting as manual as possible. By “manual”, I mean holding money literally in your hands in ...