Alan Moran: Financial management - starting with the basics

Do you really understand what financial management is about? There's a lot of jargon out there and different people have different viewpoints so I'm going to give you an overview. Without doubt, there's misconception surrounding financial planning - in that it's about pensions and investments, which fund you choose, and the risk attached. This might be controversial, but I feel I am qualified to say that I fundamentally disagree. It is about managing your money in and managing your money out. Lessons from my Nan...