1.financial institution accepts deposits while non financial institution does not accept deposits 2. financial institutions deal with customers directly while non financial institution deal with...
in simple terms consider financial position as what is your balance sheet i.e your assets and liabilities financial performance your profit and loss account i.e all you income derived and expenses...
For individuals and institutions financial planning instills discipline with the finances of the entity and ensures commitment to the financial objectives of that entity. Financial planning gives you...
A non-financial budget deals with non-tangible items like time. How much time you spend with one friend or another, how much doing work, chores, having fun, etc.
