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 ?
She works with and manages various teams to successfully execute highly sophisticated financial transactions for Goldman's clients worldwide.
Executives know the risks are there, but they are not sure what to do to manage them.
When I was a PACE director I used assisted living extensively to manage my risk.
Most managed care organizations in Medicaid use a "gatekeeper" to manage healthcare of individuals.