What is Finance?
Finance is the study of how money and financial systems work. It involves all aspects, including banking activities such as loans or investments, credit card management (or lack thereof), leveraging your assets for more wealth through capital markets transactions- anything with an exchange rate can be considered part of it.
When you think of finance, it’s hard not to associate the term with money and investments. The questions surrounding how individuals acquire capital in order for them to make decisions on what kinds should they invest their funds upon is just one aspect that falls under this category- there are also other topics, such as corporate or public finance, which pertain more specifically towards businesses rather than households.
