Personal finance doesn’t have to be so confusing. In 60 seconds we will tell you everything you need to know about managing your money. Good finance is essentially a really skillful balancing act. You have to make sure spending, debt, and savings are proportional t your income level. Otherwise you end up with debt problems and cannot reach your financial goals: like retiring on time, buying a house, or sending your kids to college without the burden of high student loan debt.
Savvy finance also means taking steps to maximize your credit score. As the most important number in your financial portfolio an excellent credit score means less money spent interest and the best terms on loans including your mortgage.
So whether you are just starting out or already enjoying your golden years, good personal finance is essential for a stable and successful life.