walicki blog

Business vs Personal
April 10, 2009, 3:41 am
Filed under: Business | Tags: , , , , , , , , ,

Is there really a difference between Business Finance and Personal Finance?

If you (a personal human being) have a relationship with a bank or any type of financial institution where your personal (or self-owned business) ‘funds’ are being used to make money … your investment constitutes a ‘business transaction’ deeming the moniker “Personal Finance” irrelevant and extremely incorrect. Using the term ‘personal finance’ creates a demeaning perspective for treating ‘personal investments’ as less valuable and not worthy of protection or respect.

If personal finance is personal than why are some financial institutions treating people like their own worst business enemy?



1 Comment so far
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You do have a point has to how you may feel but as we know the banks can be cold and to them the bottom line is liability. If you are a sole trader then the business is you and the debt is liable to you as apposed to a company which is a legally separate entity to the owners.

Comment by Scop

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