Personal Finances: Photograph of paycheck, passports, credit/debt cards, and Social Security card.

Personal Finance

Personal Finance is the process of evaluating, planning, and managing a household’s monetary needs, goals, strategies, and activities. The discipline covers budgeting, saving, credit, and debt. It further encompasses education, insurance, investment, tax, retirement, and estate planning. The term often refers to the segment of the financial services industry that advises individuals and families.