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 ?
Four miles of good road, two of which lay through the forest, seemed easy to manage, especially as the wind was apparently quieter and the snow had stopped.
And I hope the Awkward Man will manage to get married without making some awful blunder, but it's more than I expect.
How'll he ever manage to bring her in and show her into the pew?
Then indeed for months he had a poor time of it; it was not long indeed before he could manage to keep his legs against Job, for that hero was slow of offence, and gained his victories chiefly by allowing others to throw themselves against his immovable legs and loins.
She was contented and happy in her children; I never interfered with her in anything; I let her manage the children and the house just as she liked.
But seeing I was likely either to settle on the other side of the bay, or might perhaps have a mind to go back to England again, if I would let him be my steward he would manage it for me, as he had done for himself, and that he believed he should be able to send me as much tobacco to England from it as would yield me about #100 a year, sometimes more.
The next day he brings me an obligation under his hand and seal, whereby he engaged himself to manage and improve the plantation for my account, and with his utmost skill, and to remit the produce to my order wherever I should be; and withal, to be obliged himself to make up the produce #100 a year to me.
Harvard Business School Responsibilities: He is a member of the Goldman Sachs Executive Office, where he works directly with the firm's senior leadership to develop and manage several strategic people, related initiatives.