What is financial management?

[Good-Person]

Finance is one of the most interesting aspect of business. When it comes to finance, we always encounter the topic of financial management. So, what exactly is financial management and why is it so helpful?

 

[Yaqoob Habib]

Finance is one of the most interesting aspect of business. When it comes to finance, we always encounter the topic of financial management. So, what exactly is financial management and why is it so helpful?

If you want to work for yourself financially, then for this you must be following some rules. If you follow the rules better, then you will be able to succeed in your financial way by using your finances better.Because you can manage your finances in a good way And invest your finance in a place where you will benefit.

 

[Nomad]

In simple terms, financial management means managing money. Money management involves recording your income and expenses (in terms of personal finance), or revenue and expenditure (in terms of business). The primary aim of financial management is to manage cashflow.