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 ?
Here Melville remained for thirteen years, occupied with his writing, and managing his farm.
Mothers certainly have not yet got quite the right way of managing their daughters.
They declared they had never seen watermen equal to them, even among the voyageurs of the Northwest; and, indeed, they are remarkable for their skill in managing their light craft, and can swim and dive like waterfowl.
He asserted his position by calling the managing clerk Goodworthy.
What do you think of Fred going to live at Stone Court, and managing the land there?
What the Managing Committee of the Duskydale Institution thought of the change in me, I cannot imagine.
Fortunately, the Managing Committee relieved me of any perplexity on this head, by passing a resolution, one day, which called upon the President to remonstrate with me on my want of proper interest in the affairs of the Institution.
In an era when many managing general underwriters are being squeezed or find themselves struggling to survive, how does an organization manage to stay strong and prosper?
The use of VoIP networking technology comes with its own set of technical hurdles and managing it requires a certain level of expertise and the right monitoring tools to ensure consistent high quality.
Taylor II, a former managing director for Bankers Trust and head of its Global Automotive Coverage Group, launched their own firms, both of which were not large enough to qualify for our list.
Managing risk on an integrated and enterprise-wide basis is a vital issue confronting executives.
Tardif as managing director/branch manager and James D.