What is the history of personal finance?
I mean how did personal finance started? who created it? Sorry if I wasn't clear. What I mean is how did all the personal finance started? For example, we know the stock markets "History of stock market trading in the United States can be traced back to over 200 years ago. Historically, The colonial government decided to finance the war by selling bonds, government notes promising to pay out at profit at a later date. Around the same time private banks began to raise money by issuing stocks, or shares of the company to raise their own money. "
Public Comments
- I don't quite understand this question. Personal finance is just managing your own money. I think since money or even value existed this started. For instance I am going to manage my sheep and when I eat / raise them. I need to have enough food and supplies, and raise enough for the future. Everyone has always managed thier assets.
- Best spot to start is Genesis in the Bible... Adam was given dominion over the earth and told to multiply. He had to account for his property and crops.
- A caveman. He put some homemade weapons aside for a rainy day to exchange for something else in the future
- Personal finance is not the same as the stock market and bonds. Personal finance is what you have in your own accounts, bills, income, savings, spending, etc. It has been going on since the beginning of time when people traded goods and services...
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