Okay, let’s be honest. Talking about money can feel awkward, overwhelming, and confusing. But no matter how you may feel about money, it’s important to stay in control of your personal finances.
4 Things You Need to Know About Personal Finance
Here’s what you can do with your money.
December 22, 2021
HBR Staff/Getty Images/We Are
Summary.
To help you navigate your finances, we put together a list of five terms surrounding money management, along with what they mean and tips on how to put them into action.
- Moonlighting: To have a second job, possibly without the knowledge of your full-time employer.
- Emergency fun: A sum of money that you set aside for unplanned or unexpected events.
- Equity compensation: A non-cash payout to employees via restricted shares and stock options.
- Investment portfolio: Refers to all of the different types of financial investments you hold such as bonds, stocks, and real estate.
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Tips, tools, and info for handling the budgeting process.
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New!
HBR Learning
HBR Learning
Budgeting Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Budgeting. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Tips, tools, and info for handling the budgeting process.