Welcome to Personal Finance Wiki

Money is a bad master but a good servant. Whatever it is for you, it needs good management anyway. Personal finance is the management of your money.

Management of your money is obstructed by persistent (and sometimes annoying)agents and financial advisors, aggressive financial product companies with huge advertising budgets and our own ignorance of the knowledge required (and maybe the inertia?) to manage our money!!

It is vital to “take responsibility for yourself”. And the first step to do it is to be well informed.

We believe that information leads to knowledge and knowledge is power. This wiki is dedicated to Personal Finance. It is easily overlooked that understanding Finance is of vital importance to every individual. Whether you are dealing with your individual finances or with your company affairs, knowledge of finance is critical.

Failing to plan is planning to fail. It is very true for personal finance. Personal finance looks at how an individual’s money and future is managed.It involves analyzing their current financial position, predicting short-term and long-term needs, and recommending a financial strategy. This may involve advice on retirement planning or pensions, wealth creation through stocks and mutual funds, children’s education, home loans, life insurance, and other investment.

We want you to build a e-workshop on Personal Finance. Let us have your feedback and ideas.

We welcome your feedback, articles and suggestions to build the modules on personal finance. If you want to contribute by writing articles on a relevant subject, you are more than welcome.

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