Buying and Selling Most definitions of money will state that it is a form of exchange, measure of value or method of payment. When buying or selling goods and services, money is spent or received. For many of us, our idea of money revolves around what we can buy or do with money. After all, we are constantly advertised the latest and newest things to buy and know exactly how
Tag Archives: financial literacy
What is a Budget? A Budget is a plan. Merriam-Webster defines a budget as “a plan for the coordination of resources and expenditures,” and “the amount of money available for, required for, or assigned to a particular purpose.” It is a plan of how income is spent. Every plan has a goal, so what’s the goal of a budget? Well, it has 3 goals: Compare Money OTC Money Save Money
To understand personal finance, one must first understand the personal side of it. Merriam-Webster defines personal as “of, relating to, or affecting a particular person”. When something is personal, it matters to us in a hasty manner and instantly becomes relatable. It also affects us deeper emotionally and strengthens reality. For example, people die every day; but when someone close to you dies, it feels different because this experience is