Topic summary
Finances

Extracted from the Wikipedia article Finance.
Personal finance
- Purchasing insurance to ensure protection against unforeseen personal events;
- Understanding the effects of tax policies, subsidies, or penalties on the management of personal finances;
- Understanding the effects of credit on individual financial standing;
- Developing a savings plan or financing for large purchases (auto, education, home);
- Planning a secure financial future in an environment of economic instability;
- Pursuing a checking or a savings account;
- Preparing for retirement or other long term expenses.