Personal Money Management [part 1]

The adoption of more moderate face insolvency
(Al-Hadith)

be generous but not extravagant, but not stingy economy
(Ali - AR)

(A Practical Approach-way on the efficient use of liquidity)

Introduction - The introduction of money

Human life is divine process of mutual dependence developed, interrelated and interdependent individuals. People have multiple needs and desires. Meeting the needs and desires of the individual is proactive behavior of reagents for themselves and others connected. For example, it offers the facility to other, easier to achieve for themselves, respect, rather than other the respect you give for the car and offers more power to force others to be, and so on. Self-satisfaction of the needs and desires is not possible. People need the support of the other / desire in general, like it or not reached the maximum level of satisfaction with oneself. The support system or structure between the working people in all aspects of life shared. The sharing of economic interactions at the base of money creation.

The exchange phenomena of people during the win-expenditure part of the lifestyle aspect of the economic society of people. The economic aspect is the result of a series of interdependent economic agents. The exchange of certain economic activities in the fight needs a medium of exchange. Historically, operators have different approaches to the exchange of economic relations only to the satisfaction of needs and the approach to achieve the exchange trade, silver coins, gold coins, tickets and plastic cards. Today, the use of man in paper money and credit cards. New techniques were chosen because legacy systems have been creating some practical problems related to operational trends of the people are connected, the aim of the injustice of the economic life was to stop. The system is adopted at all levels of life and in all regions of the world. However, the resulting system is not perfect or without surgery because the operation on the basis of the exchange rates of interest or inadequate. Manipulated fees or interest rates change maneuvers are often used by industrial / capitalistic people / nations of inadequate design of purchasing power parities. Parity strikes preference public, ultimately, the purchasing power of consumers is reduced because of the financial maneuvers of the banking system, both nationally and internationally.

Importance of money - individual and institutional level, individual, and money is spent on some basic goods such as food, clothing, housing, transport, health, safety and education. Basic needs are limited, but the luxury / beauty of human nature leans over the pitfalls of life such as food, with many stylish, attractive clothing, housing, beautiful and influential / mixed security dignitaries, better education, better medical services, and so on and so on. The actual needs and wishes can be fulfilled through the necessary consensus huge consumption pattern sensitive money that the parties are essential. But in practice, individuals make irrational patterns of consumption, such as impulse purchases of conspicuous consumption, and inadvertently purchasing. Manipulated capitalist consumption patterns and the benefits of harvesting the extreme conspicuous consumption. Approach based on the interests of capitalism for a pattern for the use of cash ignites extreme consumption of people. On the other hand, the focus of customer satisfaction conducted develops a moderate consumption patterns. A conservative approach to money management is a tool against the secular basis of the financial flexibility of bank interest rates and lenders.

At the institutional level, money is needed to produce goods and services for sale. Monetary units are used to calculate the value of goods and services. Liquidity is necessary to initiate, develop and manage the institution of the company. Liquidity is like fuel for vehicles or electricity in a light bulb or blood in a body. There are two important dimensions of liquidity. One is the funding source and the second is the actual use. Lack of money leads to frustration on several occasions negotiated. Yet another approach to the interests of certain institutions, ESP is based. Directs financial institutions, there is money in bad ways. Problem-solving approach is to convert the value of the profit-oriented approach. The approach calculates the interest money units and takes as a key factor in the decision process, during the approach, according to the benefit of the productivity of the input units and the value of production and the last factor. An effort to get benefits is largely dominated by the employer or the knowledge of the economic struggle. The final result of the economic burden of the employer or the economy of knowledge is better for all concerned to re-LED, the rapid pace of economic growth, sustainability and employment. Knowledge-driven/entrepreneur-driven institutional framework is now a global economic reality.

- to be continue...