Finance by definition is the creation and study of money, assets, liabilities, wealth, banking which make up the financial system. The more vital section to it is financial planning which requires knowledge of financial instruments, laws and regulations and the impact of its implementation on your finances. At InformalNewz.com, we cover all the latest finance news so that you have the easy access to all the latest happenings in the Stock/Share Market, Banking sector and more. It is such a universe and a complicated one where it stretches from infinity to infinity without on knowing where to stop. Finance can be broken down into, corporate finance, which includes management of assets liabilities and wealth. Personal finance includes activities of individual like planning investments, savings and retirement. Public finance is a macro-oriented category, which incorporates government expenditures, budget procedures, stabilization policies and government concern. Another, lesser known division is Social Finance which includes investment in a social project wherein investors not only generate monetary profits but also social gain, say, funding local entrepreneurs in less developed countries. Now the question comes – Is Finance an Art or a Science? I would say “Both”. Finance, as a field spreads and has roots in statistics and mathematics. Also, as management is an important part of finance it is an art and skill which is learnt by knowing how the complex financial instruments work, which again has financial theories and formulas. Financial apprehension is crucial to interpret and decipher as to what is going around the in the economy and across globe and what impact it is going to have on your life. To understand the intricacies of it requires basic financial literacy, which will have a profound impact on consumers and their ability to provide for their future while avoiding the pitfalls of debt. Recent changes to the financial system are making it even more imperative that individuals understand basic finances. To back this up we can see that, in past generation, cash was used for every purchase. Today, cash is rarely used. Financial institutions are inundating consumers with credit opportunities and other sources of transactions – the ability to apply for credit cards and other virtual money – and without the proper knowledge, it is easy to get into financial trouble. However, do not sweat it out! At InformalNewz.com, we cover the latest Finance News, Stock/Share Market News, and investment analysis, mutual funds, banking news, M&A, Entrepreneurship, management, investors and strategy besides tracking the economy of the world. Also, expanding it to Private Equity, Venture Capital, IPO, funding and deals and their transactions. We aim to connect decision makers to a dynamic and enterprising network of ideas, insights and information.