Money Management: Useful Categories

Here are some categories for managing personal finances (I like putting things into categories) :


Overall resource planning. Managing the relationship between time and resource.


Resource that comes in.

  • Wages
  • Income from investments


Resource that goes out. Paying for stuff.

  • Goods
  • Services

Saving and Investing

Paying today, benefiting tomorrow. All investment involves a degree of risk.

  • Savings plans
  • Shares

Borrowing and Debt

Benefitting today, paying tomorrow. Also involves uncertainty.

  • Mortgage
  • Loans


Paying to reduce uncertainty.

  • Insurance
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