Personal finance is not only about just managing money. It also means making smart financial decisions which involve earning, spending, saving and investing.
Imagine you had a bucket and that bucket was filled with all your earnings — money you collect from your job or any other sources. So now you have to decide the way forward on how to use that money- would you prefer to utilize it for immediate desires or possibly save some of it for instance; emergencies buying a house, or going to college?