What are the Components of Personal Finance?

[Suba]

Personal finance knowledge and skills will greatly affect the way you plan, manage and evaluate finances starting from financial goals, entertainment, to daily food. There are several components in personal finance that you should know so that you can manage your finances well and properly such as: Income, expenses, savings, investments, emergency funds, pension funds, education funds and insurance. Have you managed your financial components properly according to your financial goals?

 

[King Belieal]

The major component of personal finance is the Net income. Other components of the personal finance depend on it.

 

[Springtime]

The components of personal finance involve income, expenses, savings, investments. All have to be managed well in order to be financial healthy.

 

[Augusta]

components in personal finance are numerous. It is worth knowing everyone so that one can manage finances well like one's Income, expenses, savings, investments etc needs to he managed better

 

[Kross]

Components in personal finance depends on the priorities of a person. But it must have recurrent expenses and fixed expenses.