Personal finance

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Personal finance
Credit · Debt
Mortgage Car loan Charge card Credit card Unsecured personal loan Rent-to-own Student loan Pawn Title loan Payday loan Refund anticipation loan Refinancing Debt consolidation Debt rescheduling Bankruptcy
Employment contract
Salary Wage Salary packaging Employee stock ownership Employee benefits
Retirement
Pension Defined benefit Defined contribution Social pension Social security
Personal budget and investment
Financial planner Financial adviser Financial independence Estate planning Target date fund
See also
Bank Cooperative Credit union Universal basic income
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Part of a series on financial services
Banking
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Accounts · Cards Accounts Christmas club Deposit Money-market Savings Time deposit (Bond) Transaction (checking / current) Cards ATM Credit Debit Prepaid
Funds transfer Cheque Card Electronic Bill payment Mobile Wire RTGS NS ACH Instant payment Giro SWIFT Correspondent account CLS CIPS SPFS BRICS PAY
Terms Automated teller machine Bank regulation Loan Mobile banking Money creation Bank secrecy Ethical banking Fractional-reserve banking Full-reserve banking Islamic banking Private banking
Related topics Financial market (participants) Corporate finance Personal finance Public finance Financial law Financial regulation List of banks
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Personal finance is the financial management that an individual or a family unit performs to budget, save, and spend monetary resources in a controlled manner, taking into account various financial risks and future life events.

When planning personal finances, the individual would take into account the suitability of various banking products (checking accounts, savings accounts, credit cards, and loans), insurance products (health insurance, disability insurance, life insurance, etc.), and investment products (bonds, stocks, real estate, etc.), as well as participation in monitoring and management of credit scores, income taxes, retirement funds and pensions.