fjármagng

Fjármagng is the study and management of financial resources, encompassing planning, acquisition, and allocation of funds to achieve organizational or personal goals. It involves analyzing financial data, forecasting future needs, assessing risks, and making informed decisions to optimize resource use. In business contexts, it includes budgeting, investment strategies, and capital structure management to support growth and profitability. For individuals, it focuses on personal finance, savings, debt management, and retirement planning to ensure financial stability. The discipline balances short - term needs with long - term objectives, mitigating risks while maximizing returns. It is a foundational field across sectors, enabling effective financial governance and sustainable development.