Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.

Financial management refers to directing, organizing and control of commercial operations such as procurement and disbursal of revenue from the individual or business. It also includes the application ...

CEO of Acumatica, a fast-growing cloud ERP company. John has nearly 30 years of industry leadership in cloud services. In talking with our small and midsize customers, I have found that businesses don ...

This e-Learning course on the basics of public financial management provides a quick introduction to PFM, explains the budget cycle, describes how accounting and financial reporting is done in the ...

The World Bank's definition of a financial management information system, or FMIS, is simply the automation of financial operations. With that definition in mind, there are plenty of database ...

Understand the fundamentals of wealth management, including investment planning, tax strategies and estate planning, to take control of your financial future Written By Written by Staff Senior Editor, ...

Every country faces the challenge of how to use public resources efficiently and effectively. Without good public financial management (PFM), governments may find challenging to use public funds to ...

Learn more about the roles, services and client focuses of asset and wealth managers Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for ...

Learn the skills now that you need for a more financially secure life Caleb has been the Editor in Chief of Investopedia since 2016, and was announced as People Inc.'s Chief Business Editor in 2025.