Financial Management is concerned with the duties of the financial manager in the business firm.
Read Full post!Financial Service is concerned with design and delivery of advice and financial products to individuals, business and governments.
Read Full post!Investment means "Sacrifice for future returns"
The money you earn is partly spent and the rest saved for meeting future
expenses. Instead of keeping the savings idle you may like to use savings in
order to get return on it in the future. This is called Investment.
One needs to invest to:
1. Earn return on your idle resources
2. Generate a specified sum of money for a specific goal in life
3. Make a provision for an uncertain future
One of the important reasons why one needs to invest wisely is to meet the
cost of Inflation.
Finance in simple it is art & science of managing money. Finance in broader view it deals with two things ie., Financial service and financial management.
Read Full post!As far as now, I'm only author of blog but in future I'm planning to add. This space is for them...............
Read Full post!Important Links in this blog
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