Vol. 8 No. 1 (2015)

Financial Management, the Savings of Life Cycles in Everyday Life

Published August 21, 2020
pdf (Magyar)


Brlás, G. (2020). Financial Management, the Savings of Life Cycles in Everyday Life. Economica, 8(1), 40–49. https://doi.org/10.47282/ECONOMICA/2015/8/1/4549

‘Money rules the world’ (BALYÓ, 2004, p. 3.) – it is an often used slogan which really determines our life. From an early age we realize how essential money is for us. It accompanies all our life. The quality of our life depends on how we can deal with our budget to be able to put aside as well. We can buy all the necessary items for everyday life but we have to manage well in order to be able to achieve our objectives, too. During our life our individual and common goals are also essential. The right and appropriate decisions have a great share in using our money. There is outstanding importance of being conscious, sober-minded, and precise and up-to-date during planning. We have to take into consideration the opinion of all the family members. Decisions need to be made together if possible. In this study we would like to emphasize the role of self-care in different life cycles as well as show the result of our related primary research.