Manage personal finances

Identify personal financial objectives and set up a strategy to match this target in seeking support and advice when necessary.

manage finances that are personal
manage personal financing
monitor personal finances
plan personal finances

skill/competence

sector-specific

Manage personal finances is an essential skill of the following occupations:

Tax advisor: Tax advisors use their expertise in tax legislation to provide commercially-focused advisory and consultancy services to a wide range of clients from all economic sectors. They explain complicated tax-related legislation to their clients and assist them in ensuring the most efficient and beneficial payment of taxes by devising tax-efficient strategies. They also inform them of fiscal changes and developments and may specialise in tax strategies concerning mergers or multinational reconstruction for business clients, trust and estate taxes for individual clients etc.

Manage personal finances is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Professional athlete: Professional athletes compete in sports and athletic events. They train on a regular basis and exercise with professional coaches and trainers. Building up the necessary skills needs natural talent as well as planning and endurance to get through the needed training programmes.
Photojournalist: Photojournalists cover all kinds of news events by taken informative images. They tell stories by taking, editing and presenting images for newspapers, journals, magazines, television and other media.
Foreign correspondent: Foreign correspondents research and write news stories of international importance for newspapers, journals, magazines, radio, television and other media. They are stationed in a foreign country.
Vlogger: Vloggers make online videos to talk about a wide range of subjects such as politics, fashion, economics and sports. They can relate objective facts, but often they also give their opinion on the related topic. Vloggers post these videos online on social media or streaming platforms, often accompanied with written text. They also interact with their viewers via comments.
Sports journalist: Sports journalists research and write articles about sport events and athletes for newspapers, magazines, television and other media. They conduct interviews and attend events.
Journalist: Journalists research, verify and write news stories for newspapers, magazines, television and other broadcast media. They cover political, economic, cultural, social and sport events. Journalists must conform to ethical codes such as freedom of speech and right of reply, press law and editorial standards in order to bring objective information.
Blogger: Bloggers write online articles on a wide range of subjects such as politics, fashion, economics and sports. They can relate objective facts, but often they also give their opinion on the related topic. Bloggers also interact with their readers via comments.
Columnist: Columnists research and write opinion pieces about news events for newspapers, journals, magazines and other media. They have an area of interest and can be recognised by their writing style.
Entertainment journalist: Entertainment journalists research and write articles about cultural and social events for newspapers, magazines, television and other media. They conduct interviews with artists and celebrities and attend events.
Crime journalist: Crime journalists research and write articles about criminal events for newspapers, magazines, television and other media. They conduct interviews and attend court hearings.
Business journalist: Business journalists research and write articles about economy and economic events for newspapers, magazines, television and other media. They conduct interviews and attend events.
Political journalist: Political journalists research and write articles about politics and politicians for newspapers, magazines, television and other media. They conduct interviews and attend events.
Critic: Critics write reviews of literary, musical and artistic works, restaurants, movies, television programs and other themes for newspapers, journals, magazines, radio, television and other media. They evaluate theme, expression and technique. Critics make judgements based on their personal experience and knowledge.

References

1. Manage personal finances – ESCO