Definition: The management of money and other assets.
Alright class, settle down now, let’s take a look! You’ve got a good start with that definition, it’s true, “Management of money and assets,” for me and you. But let's break it down a little bit more, you see, To really grasp what ‘finances’ means, perfectly. Finances – think about it this way, it’s quite a plea, It’s how we handle our resources, for all to agree! It's not just counting coins beneath your knee, But planning and budgeting, carefully you see. We talk of income, coming in with glee, And expenses going out, steadily. Assets like houses or savings accounts bright, Are managed wisely, with careful insight. So, it’s about control, a thoughtful design, Making sure your money's working, truly divine! Do you have any questions? Let's discuss and explore, Understanding finances – that's what we’re here for!