Money
Controls everything in the world.
Finance refers to all financial systems, including investment, lending, budgeting, saving money, and proper valuation of money.
What is the role of finance?
The main role of money is to manage money, such as how you collect, spend and invest it. This is the main role of money. Money plays a very important role in making a business profitable, expanding the scope of that business and for any person to achieve his goals. Money helps to control your total financial system to increase money and reduce its loss. Money is stored through various bank investments or insurance.
Types of Finance
Personal finance,Public finance,Business finance,Corporate finance
Personal finance
Personal finance is the name for managing your own money. It includes your savings, your investments, and your budget. Personal finance includes things like insurance and your retirement planning.
Public finance
Public finance is the system of controlling a country’s money. It includes the country’s revenue, expenditure, debt, etc. How a government uses money and how it manages it depends on public finance.
Business finance
Business finance is the use of money to manage the system of how a company will make a profit. The company’s budget is the name of the financial system that saves the company’s investment and uses the company’s money properly.
Corporate finance
A strategic plan is taken to maximize the company’s profits and shareholders’ money, and this plan is properly managed in corporate finance.