What is the significance of finance management in day to
day life?
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Answer / j.s.vinuram
Finance is the life blood in all the business activities
and it is needed to run the business perpertually.
The term finance means funding money, investment, getting
credit.
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / sonali
Finance management in day to day life means managing the
cash, money and the wealth. since we need money to buy
neccessity things like food items as welll as we need money
to by car, house, gold to lead a luxurious life.
For all these things we are required to manage the finance.
So that we can increase our wealth (by doing business,
working for salary, investment)and by curtailing the
unneccessary expense.
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / shiva
The term finance means Rising and spending money for
business.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ramakrishna
Finace plays a vital role in day to day of individuals.One
need to allocate one's resourses to see that the
optimaisation is achieved.In case of lack of funds you got
to raisse funds through various means.In such a way finance
management is important in day to day life.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / atul tiwari
Finance Management is the playing with our asset &
liabilities in such a way so as to gain maximum profit.
| Is This Answer Correct ? | 6 Yes | 5 No |
Answer / bhavana
finance is the basic amenity of life.finance directly refers to money,money governs every activity v practise,earning,investing,using,managing,money is managementis itz day to day application it starts frm buyinga pencil to using money for capital investment
| Is This Answer Correct ? | 1 Yes | 0 No |
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