Finances

Finances refer to the management of money—how individuals, businesses, or organizations earn, spend, save, and invest it. It involves budgeting to ensure expenses don’t exceed income, saving for future needs, and investing wisely to grow wealth. Good financial management helps achieve financial stability, plan for big expenses, and prepare for the future. It also includes understanding debts, interest rates, and financial goals. Essentially, finances are about making informed decisions to use money effectively, ensuring economic well-being and security over time.