According to the publication funded by the U.S. Department of Education, Classification of Concepts in Consumer Education,
Personal Finance includes budgeting, record keeping, income and net worth statements, credit, saving and investing, retirement and estate planning, insurance, and taxes.
With the American consumer debt at a record 2.5 trillion and the national debt at 9 trillion, educating ourselves about our personal finances is more important now than ever.
Not only is it a simple matter of educating ourselves, it is also a matter of using that knowledge to empower ourselves to take control of our personal finance if we want to achieve financial prosperity.
Just Personal Finance is a sub-domain of TheLocoMono Website whose owner and editor will attempt to build the best resource for education and understanding how to take control of our personal finances in order to achieve financial prosperity.
Loading …It is here on this sub-domain TheLocoMono and I (Mark @ TheLocoMono) will attempt to provide you with a clear and simple understanding of budgeting, record keeping, income and net worth statements, credit, saving and investing, retirement and estate planning, insurance, and taxes and how to put these tools to pratical everyday use.
Resources
- Feceral Reserve Statistics
- Federal Reserve’s Consumer Information
All information found within Just Personal Finance at TheLocoMono Website is for general information purposes only. This is not to be construed as professional advice. Be sure to read the disclaimer if you have any specific questions.