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 of funds, allocations of assets, budgeting, forecasting, and the analysis of financial markets. Finance is typically divided into three main categories: personal finance, which involves managing individual or household financial activities; corporate finance, which deals with funding and capital structure decisions of businesses; and public finance, which focuses on the financial operations of government entities and their impact on the economy. The primary goal of finance is to optimize the use of resources to achieve financial stability, growth, and sustainability. This field includes various concepts such as risk management, financial planning, investment strategies, and performance measurement.
### Understanding the Financial Strain on Today's Youth A staggering one-third of Americans find themselves living paycheck to paycheck, but recent research highlights that women and Gen Z individuals—those aged…