💰 Want to make your money grow while avoiding financial crises? Financial management is the foundation, and investment is the next step—together, they create healthy wealth growth. From daily money planning to growing assets, this guide breaks down key knowledge, helps you avoid pitfalls, and takes the first step toward financial freedom!
Financial Management: Laying the "Foundation" of Wealth
Financial management is the scientific planning of personal or household funds, with core principles of "balanced income and expenses, controlled risks, and clear goals." It ensures money meets current needs while supporting future objectives (e.g., buying a home, retirement, education).