Introduction

You have your income and the freedom to choose how to spend it. But it’s also a time to be money-wise and develop financial habits to set you up for life.

Personal finance teaches us about money and money is the ability to make choices and gain power. Learning about personal finance will give us freedom and the ability to accomplish our dreams.

Personal finance is about meeting your financial goals and understanding all the routes to do this, from saving and investing, and keeping debt under control, to buying a home to planning for retirement—and creating a plan to accomplish these goals. It’s also the name of the industry that provides financial products to meet these goals.

Not getting control of your finances can leave you unprotected when a crisis comes–whether it’s an illness, an unexpected job loss, or the death of the family breadwinner.