personal finance
Individual money management
Personal finance is the management of an individual's or household's money—budgeting, saving, investing, insurance, debt, and retirement planning.
The term distinguishes private money matters from corporate or public finance.
She's been reading up on personal finance since graduating.
Someone's personal finances are their specific monetary situation: income, assets, and obligations.
Overseeing personal funds
- credit managementOverseeing borrowing and repayment
- tax planningStrategies minimizing owed levies
- insuranceContractual risk coverage
- estate planningPreparing asset distribution posthumously
Accumulated money kept
- emergency fundReserve for unexpected expenses
- nest eggSaved money for later
- piggybankChild's savings container
- rainy dayPrecipitation-filled twenty-four hours
frugality · deposit · savings account · compound interest · savings rate · certificate of deposit · reserve · stash
Ownership stakes or inventory
- bondsTies that unite
- mutual fundsCollectively managed securities portfolios
- portfolioCollected works or assets
- dividendsProfits paid to shareholders
index funds · ETFs · asset allocation · brokerage · capital gains · securities · risk tolerance · diversification
Borrowed-funds payment tool
- loanBorrowed money repaid later
- mortgageSecured home loan
- interest rateCost of borrowing money
- principalChief school administrator
minimum payment · payoff · consolidation · refinancing · credit score · APR · debt-to-income · collections
Plan for spending
- expenseMoney paid out
- incomeRegular monetary receipts
- cashflowNet money movement
- trackingMonitoring location over time
allocation · spreadsheet · bills · forecast · plan · envelope system · fixed costs · variable costs
Tax-advantaged retirement savings account
- IRATax-advantaged retirement fund
- pensionRetiree's ongoing benefit
- RothIRA permitting tax-free withdrawals
- nest eggSaved money for later
retirement planning · Social Security · annuity · contribution · employer match · vesting · early withdrawal · retirement age
money management
Overseeing personal funds
- credit managementOverseeing borrowing and repayment
- tax planningStrategies minimizing owed levies
- insuranceContractual risk coverage
savings
Accumulated money kept
- emergency fundReserve for unexpected expenses
- nest eggSaved money for later
- piggybankChild's savings container
rainy day · frugality · deposit · savings account · compound interest · savings rate · certificate of deposit · reserve · stash · high-yield
stocks
Ownership stakes or inventory
- bondsTies that unite
- mutual fundsCollectively managed securities portfolios
- portfolioCollected works or assets
dividends · index funds · ETFs · asset allocation · brokerage · capital gains · securities · risk tolerance · diversification · REITs
credit card
Borrowed-funds payment tool
- loanBorrowed money repaid later
- mortgageSecured home loan
- interest rateCost of borrowing money
principal · minimum payment · payoff · consolidation · refinancing · credit score · APR · debt-to-income · collections · default
budget
Plan for spending
tracking · allocation · spreadsheet · bills · forecast · plan · envelope system · fixed costs · variable costs · discretionary
401(k)
Tax-advantaged retirement savings account
- IRATax-advantaged retirement fund
- pensionRetiree's ongoing benefit
- RothIRA permitting tax-free withdrawals
nest egg · retirement planning · Social Security · annuity · contribution · employer match · vesting · early withdrawal · retirement age
- financebank, CFO, banks, controller, treasurer
- personal financesavings, income, credit, investments, bills
- Business MediaWall Street Journal, Forbes, Reuters, Bloomberg, CNBC
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- softwaresoftware, app, apps, application, program
- business booksbusiness ethics, business models, business plans, corporate strategy, corporate culture
personal financecorporate finance
Firm funding and investment strategy
business finance · commercial banking · government finance · investment banking · macroeconomics
personal financegovernment finance
State money management
fiscal policy · national treasury · public expenditure · macroeconomics · public accounting
personal, finance, personality, financial, financing, personally, impersonal, financed, personable