Financial Management

Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of 'Staff' in overall of a company. It has been defined differently by different experts in the field.

The term typically applies to an organization or company's financial strategy, while personal finance or financial life management refers to an individual's management strategy. It
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Poverty is bad for your overall well-being.
David Angway

The way we use our $3000 monthly salary today will reflect exactly how we will use the $300,000 and the $3 million that we are going to have in future. It’s better to start exercising and flexing those giving and charity muscles now than later when it is going to hurt most.
Dr. Lucas D. Shallua, Average to Abundant: How Ordinary People Build Sustainable Wealth and Enjoy the Process

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