Personal Finance is an instrument of socio-economic development of students of FAREM-Estelí

Abstract

This essay emerged as part of the strategies to promote teachers´ academic writing in the Regional Multidisciplinary Faculty, Estelí. The topic addressed in this document has to do with Finance I. It discusses the issue of personal finances as an instrument of socio-economic development for students of FAREM-Estelí. It emphasizes the management of individuals´ economies such as budget, income, expenditure, savings, and the importance of financial education as a pillar of personal development and its relationship to the environment as well as exploring the consequences of the low financial education that is now a concern at the global level.