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Understand the importance of financial management

Financial management is integral part of personal life and also for the business. The unmanaged finance will get off the track and will cause loss and waste expenditures. It is important to manage the finance it any level. It does not matter about the amount of effort the person or the business professionals take on regarding financial management but it matters a lot about regular financial management. Regular financial management is a responsibility for the person to take over so that financial management will be effective. Each person that deals with money should understand the importance of personal and individual financial management. Financial management Financial management can be covered with some sort of most important things such as expense tracking, investment, income, and savings. The money flow in the business and personal life, the income, the type of expenses done, investment on anything and whether there is saving or not are to be analyzed, reviewed and corrected. Thi

Steven Mnuchin, Trump's pick for Treasury secretary, confirmed by the Senate after fierce opposition by Democrats

  Bob Bryan Treasury Secretary Steven MnuchinWin McNamee/Getty Images Steven Mnuchin was confirmed by the US Senate on Monday night as the new Secretary of the Treasury. Mnuchin's confirmation came down nearly on a party line vote of 53 to 47, with no Republicans voting against the confirmation. Democratic Sen. Joe Manchin of West Virginia voted for Mnuchin. Mnuchin, a former  Goldman Sachs banker and hedge fund manager , came under fire during his confirmation for various mistakes in financial disclosures to the Senate, as well as several previous investments. Mnuchin's fund invested in a mortgage lender called IndyMac at the height of the housing crisis (the name was later changed to OneWest). The lender's subsequent foreclosures on homeowners was called out by opponents as proof that the Treasury nominee profited from the financial woes of everyday Americans. Democrats claimed Mnuchin's company used  tactics such as robo-signing  to foreclose on as many people