According to this article, the basics of finances include the process of managing your money and how you make use of the funds you are generating. Finances include a collection of areas like credit, investing, banking, assets and liabilities, and more. Each being essential to your overall financial health.
Personal Finance Basics You Must Master:
- How Credit Cards and Interest Rates Work
- How to Balance a Checkbook
- The Budgeting Basics
- How to Establish and Fix Credit
- Investing and Stock Market Basics
- Managing Your Debt
- Maximize Employee Benefits
- Spend Less Than You Earn
- Managing Your Net Worth
- The Value of Building An Emergency Fund
- Understanding Your Paycheck
- Learn How to Buy A Home
