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What is finance and types of finance?

  Everyone claims to know finance after watching 'The Wolf of Wall Street' but really, what is finance? Finance can be essentially defined as a way to manage your money. It's comings and goings into and out of your bank account and the likes. Activities like  investing , borrowing, lending, budgeting, saving,and forecasting .Broadly speaking, it is the management of money. Examples of some big finance companies are-Axis bank, State Bank of India,Reliance Capital,PTC India etc. Three main types of money are: 1.Personal Finance It involves taking into account an individual's current financial position and developing plans for his or her future requirements within the constraints.Personal finance is very personal.What I mean is, it differs from person to person and depends on a lot of factors like their current income, lifestyle, future goals etc. When you want to go on a trip with your friends, what do you do? You save up money each month till you have collected enough to
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