Finance refers to the management, creation, and study of money, investments, and other financial instruments. It encompasses a wide range of activities, including the acquisition and allocation of funds, budgeting, forecasting, and managing risks associated with financial transactions. Finance is typically divided into three main categories: personal finance, corporate finance, and public finance.
Personal finance involves managing individual or household financial activities such as income, expenses, savings, and investments. Corporate finance focuses on the financial operations and strategies of businesses, including capital structure, funding, and maximizing shareholder value. Public finance deals with the financial activities of governments and public entities, including budgeting, taxation, and public expenditure.
The field of finance also includes financial markets, where securities, commodities, and other financial instruments are traded, and financial institutions, such as banks and investment firms, that facilitate these transactions. Overall, finance plays a critical role in the functioning of economies, influencing growth, investment patterns, and overall economic health.
The Livret A, a long-standing French savings account, faces challenges as savings barely outpaced withdrawals by 350 million euros in January 2025. January marked the lowest performance for Livret A…