ОСОБЕНОСТИ НА ПЕРСОНАЛНИЯ ФИНАНСОВ МЕНИДЖМЪНТ
THE SPECIFICS OF PERSONAL FINANCIAL MANAGEMENT

Summary/Abstract: The article focuses on the specifics of personal Financial management as an individual activity when making financial decisions for managing personal cash flows. The paper highlights specific features of behaviour and the factors, influencing people when making financial decisions. It also analyses the elements of the personal financial management system. The concept of personal financial management has been characterised and the need for interaction and logical consistency in the application of specific financial methods is warranted as a guarantee for increasing the effective management of personal incoming and outgoing cash flows.

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