What Is Finance Ppt?
A Financial Planning Strategy
Financial planning is the process of meeting your life goals through the proper management of your finances. Everyone has to have a sound financial plan because of the changing socio-economic environment. It is your choice to do it yourself or have a financial adviser do it. Have a plan.
Personal Finance: A Survey
Public finance is broken down into three broad categories: tax systems, government expenditures, budget procedures, and stabilization policy and instruments. Corporate finance is the management of assets, debts, and revenues for a business. Personal finance is the act of making financial decisions for an individual or household.
Businesses can get financing through a variety of means. A firm might take out a loan from a bank. Acquiring and managing debt can help a company grow.
Personal finance is a field that has been taught in universities and schools since the early 20th century as " home economics" or "consumer economics." The field was initially ignored by male economists, as they thought " home economics" was for housewives. Emphasizing education in personal finance is an important part of the macro performance of the national economy.
Behavioral finance proposes theories to explain financial anomalies, such as stock price falls or rises. The purpose is to understand why people make certain financial decisions. The information structure and the characteristics of market participants are assumed to influence individuals' investment decisions and market outcomes.
People tend to mimic the financial behaviors of the majority, whether they are rational or irrational. herd behavior is a set of decisions and actions that an individual would not necessarily make on his or her own, but which seem to have legitimacy because everyone is doing it. Financial panics and stock market crashes are often caused by herd behavior.