How did Henry the seventh deal with money?

Answer 1

Henry VII dealt with money through careful financial management and reform. He focused on increasing royal income by improving tax collection, reducing unnecessary expenses, and exploiting new sources of revenue, such as customs duties and the profits from the Crown lands. His use of the Court of Auditors helped ensure accountability and efficiency in financial matters. By the end of his reign, he had significantly strengthened the monarchy's financial position, setting a precedent for future rulers.