Money management


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Money management

Money Management

1. The act or practice of an investment advisory firm making investment decisions on behalf of a client. Money management often opens up more potential investment vehicles up to the client. Another advantage is that, theoretically, money managers have more knowledge and experience in making appropriate investment decisions than the client. This is also called investment management.

2. The act or practice of handling one's personal finances. Money management involves paying the bills, making investments, and paying taxes.
References in periodicals archive ?
This ranking is a result of the dedication and hard work of our team of sixty employees at South Texas Money Management in our five offices around the state.
They need to learn money management without "squelching risk-taking impulses.
Rather, they have whittled down a vast collection of writings to a manageable size of 80 different money management "gurus" and their publications, representing the best and most popular, including pieces from Jane Bryant Quinn, Suze Orman, David and Tom Gardner, Arthur Levitt, Charles Schwab, and Peter Lynch.
to provide a means for participants to practice money management skills;
Though both methods are powerful, geometric money management has a slight edge over the linear money management system.
Before beginning the referral process - if the client has never used a money manager before - it's a good idea to confirm that professional money management is the best approach.
Fund Estimates - Global Money Management (136 Words)
The walls and floor are your money management and trading psychology," says Dmitri Chavkerov, President of Forex Peace Army, one of the most trusted sources in the world for learning how to trade forex news.
The Industry's Failure to Address Long-Term Financial Solutions and Basic Money Management Skills Prompt Founders to Create New Debt Relief Model
6, 2013 /PRNewswire/ -- As children begin heading back to school, Money Management International (MMI), the nation's largest nonprofit credit counseling agency and provider of financial education services, urges parents to embrace their role as financial educators.
And while she didn't learn this as a child, she is determined to make sure that her 11-year-old daughter, Savannah Gay, learns the concept of proper money management.