Financoj
Financoj is the term used to describe the management and study of money, assets, and financial activities within a person, organization, or economy. It encompasses planning, procurement, allocation, and use of funds to meet objectives while controlling risk and maintaining liquidity. The field is commonly divided into personal finance, corporate finance, and public finance.
Personal finances cover earnings, budgeting, saving, investing, debt management, insurance, taxes, and retirement planning. The goal
Financial systems include banks and other lending institutions, capital markets, insurance companies, investment managers, and regulators.
Core concepts in financoj and finance include the time value of money, risk and return, diversification, liquidity,
In practice, financoj management emphasizes planning, disciplined analysis, and clear reporting to support sound financial choices