Financial Planning

It is the process of creating a plan to spend your money.

• Budgeting

• Spending

• Saving

• Investing

Paying a portion of the cost of a big asset to take a loan for the remaining amount.

• Spending

• Investing

• Financing

• Budgeting

Spend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.

• Planning

• Spending

• Financing

• Investing

It is the rent on the money you borrow.

• Interest

• Principal

• Rate

• Time

This refers to how much readily available cash you have on hand.

• Budget

• Savings

• Liquidity

• Risk