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What are the difference between personal finance and personnel finance?

Personal and personnel are typically misspelled when related to the question phrase; however, PERSONAL finance refers to individual or family finances. PERSONNEL finance refers to the way a company will fund outsourcing of specific services (e.g., consulting, programming, etc.). Personal finance refers to individual or family finances. The topics most frequently associated with personal finance include the following: * Budgeting * Investment Planning * Insurance Analysis * Estate Planning. Personnel finance refers to the way a company will fund outsourcing of services. The topics most frequently associated with personnel finance include the following: * Letters of Credit * Barter/Exchange Contract * Escrow Management.


What would happen if you don't manage your finances properly?

You will get bankrupt and get into family problem or your wife will get divorce from you


How do you use fiscal in a sentence having to do with finances?

The family was in a fiscal problem, so the kids couldn't get the right equipment for their sports.


A financial factor in family planning?

Money is always involve in family planning as it sustains the needs of each family member. Proper financial planning results to good financial status. This is the reason why there are families who hire financial planners with good CFP education to control their finances.


What is the difference between a family budget and a national budget?

A family budget is a financial plan that outlines an individual or household's income and expenses for a specific period, typically focusing on managing personal finances to ensure that spending does not exceed income. In contrast, a national budget is a government document that details the expected revenues and expenditures of a country for a fiscal year, encompassing broader economic considerations, public services, and investments in infrastructure. While both aim to balance income and expenses, a national budget involves complex factors such as taxation, public policy, and economic growth, whereas a family budget is more straightforward and personal.

Related Questions

Where can one get advice for Family Finances?

Advice for family finances can be found by talking to your local bank branch officer, Our Family Place, Family Education, Your Family finances, and Morning star Financial.


Is aflac worth it?

It depends on your health, finances and lifestyle. For certain people, Aflac is absolutely worth it; especially if you are the sole supporter of others and have a family history of certain diseases, like cancer or heart disease.


What services do Lifestyle Family Fitness provide?

Lifestyle Family Fitness provide use of their cardiovascular equipment and resistance training equipment. As well as classes, personal trainers, chiropractors, yoga pilates, sauna and steam room usage, and nutritional counselling.


What is an example of an external influence A.What if your likes and dislikes B.What if your experiences C.What if your heredity D.What if your lifestyle?

An example of an external influence is A. your likes and dislikes. These preferences can be shaped by factors such as cultural background, peer influence, and media exposure. For instance, a person's favorite music genre might be heavily influenced by the tastes of friends or family, rather than being solely a personal choice.


What is considered cost of living?

Cost of living refers to the amount of money needed to cover basic expenses such as housing, food, transportation, and healthcare in a certain location. It can vary based on factors like location, lifestyle, family size, and personal choices. Understanding the cost of living can help individuals make informed decisions about their finances and standard of living.


How is brainstorming is the factors that influence individual beliefs about family?

social norms,family structure,personal experience,media,religion,social norms,culture


Does Megan McDonald have a family?

Yes, Megan McDonald is known to have a family. She has spoken about her upbringing and the influence of her family on her writing. However, specific details about her personal family life are generally kept private.


What does family finances mean?

Generally speaking, family finances refers to managing a families income and paying bills. It also may refer to creating savings accounts or investing in stocks.


What are forces that can influence your sense of who you are?

The normal influences on personal beliefs and values are the family, the societal culture, and peer groups.


What was the Comanches lifestyle?

comache lifestyle


Is Quicken better than Microsoft Money for managing a basic three person family's finances?

This question is based on personal preference. Quicken Home does have higher ratings than Microsoft Money.


What are Importance of family traits?

Family traits are important as they contribute to the formation of personal identity and character. They often influence behavior, values, and coping mechanisms, shaping how individuals interact with the world. Additionally, understanding these traits can foster stronger family bonds and improve communication, as members recognize and appreciate their shared characteristics. Lastly, awareness of inherited traits can also inform health decisions and lifestyle choices.