When an individual or a family manages the ways in which monies are budgeted,saved,invested,preserved for future life events,and protected against risks,it is called ________.
A) personal management
B) corporate finance
C) corporate management
D) personal finance
E) fiscal irresponsibility

Question

Quizplus · Accepted Answer

Personal finance refers to the management of personal finances by an individual or family, including budgeting, saving, investing, and risk management. Corporate finance involves managing the finances of a company, while corporate management refers to managing the operations of a company. Fiscal irresponsibility refers to the failure to manage finances responsibly.

When an Individual or a Family Manages the Ways in Which