Tuesday, June 8, 2010
The Important of Financial Management- Kelly Kesinger
Being able to manage your finances is extremely important to be succesful in life. As an employee at a bank, I see daily how stressful it can be on families when they do not manage their funds properly. When finances are managed properly it can help in several different aspects of someone's life. First, they will be able to plan better for their future, which will help them accomplish their goals. From early adulthood to retirement financial management is important. It can help with debt, investment, insurance, retirement, and estate planning. Secondly, if money is managed properly their will be less stress in the home, therefore a person overall happiness will increase. Finally, someone who is financially responsible can teach their children or close family or friends by example, therefore helping more people be financially responsible too! Anyone can benefit from responsible financial planning. As I said it can help anyone at any age, the more financially responsible someone is with their money the easier it will be able to plan major life events, such as graduating from college, having a child, or retirement. Also, someone who is financially responsible will have more liberties to have luxuries, such as vacations or their favorite gadget. Being less stressed at money will allow someone to much happier with their lives!
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