Personal Finance is Much the Same as Business Finance
Companies throughout the world all operate under the same principle which is to make money, but more than that, to turn a profit. Making all the money in the world doesn’t do you any good if you’re still spending more than what you make, and this is the same in personal financing. You’re very much like your own little company. You have expenses and revenue, and these need to be properly balanced to keep you out of the red.