What is Smart Money Management

Another important part of smart money management is setting up an emergency fund. This is a reserve of money that you can tap into in the event of an unforeseen expense or unexpected event free money management apps. It is important to have an emergency fund so that you are prepared for any unexpected financial bumps in the road. Saving is another important part of smart money management. It is important to save as much money as you can each month, even if it is just a small amount. Setting up a savings account and contributing regularly can help you build your savings and prepare for the unexpected.