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Finances and Financial Management

What is Finances?

Finances encompass the flow of money and its resources, including income, savings, expenses, and debt. It's the overall picture of financial health.

What is Financial management?

Financial management is the process of planning, organizing, and controlling money. This involves setting financial goals, budgeting income and expenses, making smart investment decisions, and working towards financial security.

Insure your way around the world

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Financieel Management & Financiele Administratie - studie en kennis

Spotlight themes about: Finances and Financial Management

Oefententamens bij het vak Financial Management BDK

Six international business exams (last years) for the course Finance and risk management at University of Groningen

the content of the bundled exams is available for logged in JoHo members only

In deze bundel worden o.a. samenvattingen, oefententamens en collegeaantekeningen gedeeld voor het vak Financial Management voor de opleiding Bedrijfskunde Jaar 2 aan de Rijksuniversiteit Groningen

Bundle of Practice Exams with the course Financial Accounting at Groningen University

Spotlight content about: Finances and Financial Management

Study Guide with Finances and Financial Management: the best textbooks summarized Summaries and study assistance with Finances and Financial Management

For 5+ booksummaries for Finances and Financial Management, see the supporting content of this study guide

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Related pages concerning the theme Finances and Financial Management

Finances and Financial Management: for countries or regions you can check: The World or backpacking and travel around the world
Finances and Financial Management: for sustainability you can check Sustainable Development Goals or Sustainable Travel and fair adventures
Finances and Financial Management: for knowledge you can check the use of summaries and study notes
Finances and Financial Management: for insurance cover you can check fair insurances for abroad
For volunteering abroad check sustainable volunteering, project support and volunteer opportunities
For working abroad check jobs, materials for teaching abroad
For working as a digital nomad check the collection of content for digital nomads, global workers, people combining work & travel
Living abroad use the checklists for global nomads, expats and other people moving abroad

Why should you take out specialized travel insurance for a long trip abroad?

Regular travel or health insurances often only cover trips for a maximum number of days (for example 60, 90 or 180 days). This limits your flexibility!
Your health insurance from back home may not offer any coverage abroad or only in specific hospitals.
During a long trip you might undertake special activities like paid work or volunteering. Regular travel insurances usually don’t cover these kind of activities. The same goes for adventurous sports like skydiving, scuba diving and bungee jumping.

Volunteer or intern abroad insurances

Working as a volunteer or intern offers a great learning experience. Meet new people and make a difference! You will develop your knowledge and skills, as well as that of others. You will gain international skills, contribute to a better world and gain useful experience for on your resume.
However, just like at home there is always a chance that something goes wrong during your time abroad. Such as sickness, accidents, stolen luggage and of course things that can go wrong back home that you may ned to return for.
If you have the right travel insurance it will help you financially and offer help when you need it. On this page you can read about how you can make sure you’re properly insured before, during and after your work as a volunteer.

Why insure specifically as a volunteer or intern abroad?

Volunteer projects, foundations , NGOs & local companies typically don’t have suitable insurance. Even if they do, it might only be valid during your time at work and not during your daytrips.
Regular travel insurances often don’t cover volunteering abroad or your work as an intern
Volunteerwork & internships often involves doing work for which you are not trained or have little experience doing. This might result in a higher chance for accidents.

Why insure medical expenses abroad with an emigration or expat insurance?

Being well insured while living or working abroad is important. Sometimes the new country of residence has a good national health care system, but this is certainly not always the case. As an alternative to the national health insurance, an international (expat) insurance is a frequently used replacement, with a number of advantages: international coverage, reimbursements and conditions, often according to high standards, worldwide coverage and flexibility. A number of good and affordable options are listed below.

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Stories & Suggestions about: Finances and Financial Management

Er bestaan grote verschillen tussen de vele verschillende internationale verzekeraars. Hoe kan je als je niet bekend bent met een bepaalde verzekeraar toch beoordelen of je jouw verzekering bij hen wilt afsluiten? JoHo Insurances heeft op basis van jarenlange ervaring en feedback van internationale ...

Samenvatting bij Financial Markets and Corporate Strategy van Hillier

Summary & Study Notes about: Finances and Financial Management

Extensive list of important terms and definitions on the Economics of Banking

Availability doctrine: States that spending is always in excess of available funds. Not the price but the availability of credit is the important determinant of credit.
Credit rationing: The act of pla...