Personal finance refers to the process of managing individual or household financial activities, including budgeting, saving, investing, and planning for future financial goals. It encompasses the strategies and methods individuals use to handle their money, optimize spending, and prepare for emergencies or retirement. Personal finance also includes aspects such as managing debt, understanding credit, and ensuring adequate insurance coverage. Ultimately, it aims to increase financial literacy and promote sound financial decisions that lead to long-term financial stability and security.
Financial Struggles Ahead As **Generation X** approaches retirement age, they confront a challenging financial landscape that contradicts their reputation for resilience and adaptability. Despite being celebrated for their independence, many…