Black Money Business Jobs : Saving vs. managing money

Have you ever noticed that saving money is talked about heavily, but MANAGING money .... not so much ?

 

if we knew how to manage money better, then 'saving' it wouldnt be emphasized so much. so with that being said, we in general need sources that emphasize more on managing money.

 

So, you are saying that saving money is easier than managing it ?

 

thats what 'we' have been taught to believe. me personally, i have no problems managing money. so for me, managing money is just as easy.

 

How do define money management?

If you don't mind me asking, how do you manage money?

 

that's a secret. lol

 

I define money management as the planning, tracking, and usage of monetary resources.

This includes budgeting, financial planning, expense tracking, billing, tax assessment, expense planning, saving money , and other tactics and strategy.

 

if you manage money well, then asking me shouldn't even be an option. you're good lol

 

I raise the issue because just because a person makes a lot of money doesn't translate into they can manage that money.

The long list and string of celebrities, musicians, business-people, actors, and others who came into money and lost it all is proof enough of the above.

 

Saving money and managing money are distinct concepts although money management will incorporate the strategy of saving money and vice versa.