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 classic literature ?
He finally managed to catch a few words, and was sure he heard his master say, "You are certain of what you tell me?
He had managed people for a long time and knew that the chief way to make them obey is to show no suspicion that they can possibly disobey.
Then he turned his attention to the three house-boys, cornering Ornfiri in the kitchen and rushing him against the hot stove, stripping the lava-lava from Lalaperu when that excited youth climbed a veranda-post, and following Viaburi on top the billiard- table, where the battle raged until Joan managed a rescue.
The Swift One and I managed to bring up one child, a boy--at least we managed to bring him along for several years.
How he had managed it I can't imagine, for he had carried up with him two Winchesters and I don't know how many bandoliers of ammunition; and he was now doing the one only thing in this world that he was fitted to do.
In the midst of his trouble the Hunter saw a Showman passing by, and managed to attract his attention.
Yes, and to the day of my death I could have managed to get along quite well without it.
The little girl was quite an experienced traveller, for she had once been carried by a cyclone as far away from home as the marvelous Land of Oz, and she had met with a good many adventures in that strange country before she managed to get back to Kansas again.
Nothing could have been more naturally introduced, or more delicately managed, than my wife's brief reference to the subject.
Having four feet, these managed rather better than the foot-soldiers: but even THEY stumbled now and then; and it seemed to be a regular rule that, whenever a horse stumbled the rider fell off instantly.
However, one fine May morning he managed to borrow the old blind pony of our friend the publican, and Tom persuaded Madam Brown to give him a holiday to spend with old Benjy, and to lend them the Squire's light cart, stored with bread and cold meat and a bottle of ale.
Possibly he might have managed to conceal his sins better from his wife if he had anticipated that the knowledge of them would have had such an effect on her.