what is fainence and why we have need to use this ||फाइनेंस क्या होता है और इसकी ज़रुरत हमें क्यों होती है |
Finance account what is fainence and why we have need to use this ||फाइनेंस क्या होता है और इसकी ज़रुरत हमें क्यों होती ह What is Finance and Why Do We Need It? Finance is the backbone of every economy, business, and individual plan. Simply put, finance refers to the management of money and other valuable assets. It involves activities like saving , investing , budgeting , lending , and borrowing . Whether you're running a multinational company or managing your personal expenses, finance plays a key role in decision-making and future planning. Understanding Finance Finance can be broken into three main categories: Personal Finance – Managing your own money through budgets , emergency funds , retirement planning , and investments . Corporate Finance – How companies handle their funding, costs, profits, and growth strategies. Public Finance – How governments allocate resources, collect taxes, and manage national debt. Each type serves a unique purpose but shares ...