What is Finance?
The world is swarmed in wealth. The savings, earnings, investments and expenditure all assimilate to create what is called finance. The term, Finance is thus applied to indicate the management of wealth around us today and every day. It is what is associated with terms such as banking, credit card, debit card, capital markets and debt. USA Finance Homework Help is a way to understand finance at a deeper level.
Mainly finance is divided into three major categories:
- Personal Finance: The finances of individuals and their personal investments, savings or expenditure, make up personal finance. This type of finance is important to evaluate various strategies to check up on the financial constraints of the individuals.
- Public Finance- The finances that deal with the money management proposed practiced by the government, is what is called public finance. It includes tax, budgeting and even debts that are managed by them.
- Corporate Finance- The management of finances that is performed by a specific corporation is called corporate finance. The budgeting of capital, dealing with finances and paying the employees are also a part of this type of finance.
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