INTRODUCTION
Hello steemians,
I'm so happy today in writing my first post in this steemitcryptoacademy. As a newcomer, after studying the lecture that was given by professor @stream4u , I feel so motivated in doing the homework task7. In this post I will discussed about the following topics;

1. Discussed Money Management.
2. Future plan on your Money Management.
3. Discussed Portfolio Management, if you have an investment and if it is okay with you then show portfolio and explore it briefly.
4. Why do money management fail and Why? (those who have experienced this can provide views.)
5. Conclusion.

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Source

1.Discussed Money Management.
Money management refers to the process of tracking and planning an individual or group’s use of capital. In personal finance, money management includes budgeting, spending, saving, and investing.

In corporate finance, money management covers the raising and use of capital. A firm’s budgeting is mainly influenced by its business strategies.

In financial markets, money management refers to portfolio management and investment management.

2.future plan on your money management.

Money management with intuitive planning and budgeting helps to reduce inessential expenditures. Such expenditures do not add value to an individual’s living standards. They can be saved or invested for better use in the future. Money management also lowers the risk of running out of money. It helps individuals to achieve their financial goals in the long term.

3. Discussed portfolio money management, if you have an investment and if it is okay with you then show portfolio and explore it briefly.
portfolio management can either be passive or active. Passive portfolios invest in ETFs and mutual funds to follow certain indices. Active portfolios are managed by management teams with particular strategies. The management of a debt portfolio usually considers credit risk, Interest Rate RiskInterest rate risk is the probability of a decline in the value of an asset resulting from unexpected fluctuations in interest rates. Interest rate risk is mostly associated with fixed-income assets (e.g., bonds) rather than with equity investments., and reinvestment risk. Alternative investments can further diversify a portfolio and lower the systematic risk.

4. Why do money management fail and Why? (those who have experienced this can provide views).
According to a study by The University of Scranton, as many as 92 percent of Americans fail to reach goals they set for themselves are because:

• A limiting money mindset
• Non specific Goals
• Debt
• procrastination
• Fear
• Not Earning enough income
• Misunderstanding your capacity for risk
• Forgetting to Negotiate
• Not choosing Financial Success
• Not Getting professional advice.

5.conclusion.
I'm very much grateful to professor @stream4u who lecture has enlighten me a lot. And to all my readers am so grateful the time you spend reading this post.

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Thank you.....

Best Regards;

@steemcurato01
@steemcurator02
@steemcurator03
@steemutblog
@stream4u