THE IMPORTANCE OF FINANCIAL MANAGEMENT | WHY YOU SHOULD MANAGE YOUR FINANCE

The importance of financial management is so huge that its impact in an
economy is instantly felt whenever changes is made to prevailing financial management process of a
system. Financial management is the
process of actively seeking the best way of handling our dealings that involve finance. This article on the importance
of financial management is written to explain in plain language, the benefits
and gains of having a functional approach of dealing with your financial matters.
ECONOMIC GROWTH AND DEVELOPMENT
Quality financial management is the main force behind economic growth and development.
IMPROVED STANDARD OF LIVING
REDUCTION OF THE POTENTIAL FINANCIAL AND ECONOMIC GLOBAL CRISIS
JOB CREATION
AID PLANNING

Every economy that is the envy of all and sundry is built on solid financial management. Like a wise man will say; show me a prosperous and wealthy nation and I will show you bundles of financial planners with guts. It is evident from the above points that the importance of financial management in our lives cannot be down graded in any way. Remove proper and disciplined financial management and see the world go back to the stone age.

10 CAREER PROSPECTS | EMPLOYMENT OPPORTUNITIES IN FINANCIAL MANAGEMENT AND FINANCIAL ENGINEERING

A career in financial management is just like any other with potentials that can be tapped by only those with broad understanding of the profession. I vividly remember the [...] Continue Reading…

FINANCIAL MANAGEMENT | STEPS FOR NON FINANCE PROFESSIONALS

The strange expectation of becoming financially free without the right kind of financial management skills could be likened to a person dreaming of becoming a pilot without having to [...] Continue Reading…

INTEREST RATE RISK (EXPOSURE) MANAGEMENT | LATEST DEVELOPMENT IN TECHNOLOGY

Interest rate risk management technologies have revolved over the years into a more robust and scalable tool to manage the ever growing financial risk that faces modern day financial [...] Continue Reading…

TYPES OF FOREIGN EXCHANGE EXPOSURE| DEFINITION | MEANING | HOW TO MANAGE

Foreign exchange exposure is one fact that no company involved in international business or trade can completely avoid. This article is a continuation of international financial risk management. If [...] Continue Reading…

HOW TO MANAGE RISK IN INTERNATIONAL FINANCIAL MANAGEMENT

International financial management is all about managing risk at the international level. Risk and business are like Siamese twins that are very difficult to separate. In as much as [...] Continue Reading…

WHAT IS FINANCIAL MANAGEMENT / THE MEANING OF FINANCIAL MANAGEMENT

Financial management is the summation of those managerial functions geared towards finance performed by an organization in order to achieve her financial objectives.

This is to say that financial management [...] Continue Reading…

FINANCIAL MANAGEMENT FUNCTIONS EXPLAINED IN A SIMPLE MANNER

Before I go on explaining the financial management functions, I would like to briefly explain what financial management is in a non technical manner.

WHAT IS FINANCIAL MANAGEMENT?

In a common [...] Continue Reading…


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