Hey Matt. Have you ever heard of Personal Finance
No I never have what is it
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Oh I think I have heard of this before. Doesn't it have to do with Credit?
Personal finance is a term that covers managing your money and saving and investing
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Oh yea. Doesn't Budget have to do with personal finance? I think it means an estimate of income and expenditure for a set period of time
Yes it is. Credit is the ability of a customer to obtain goods; a loan
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Nice! I think you understand it now. One of the most important things to know about personal finance is Financial Decisions
Oh that makes sense because financial decision is making smart choices when using money and personal finance is all about managing your income
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Oh. I just remembered It isn't good to do something called overdraw which means to draw money from one's bank account in excess of what the account holds.
Yea your right. I think you totally understand now.
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Of course anytime. If you every have any other questions about personal finance let me know.
Thank you for all your help. I think I really understand what personal Finance is now.