PERSONAL FINANCE ANALYSIS USING AN EXPENDITURE CLASSIFICATION MATRIX: EVIDENCE FROM ADMINISTRATION AND LIVESTOCK ENGINEERING UNDERGRADUATE STUDENTS ANALISIS DE ADMINISTRACION DE FINANZAS PERSONALES UTILIZANDO UNA MATRIZ DE CLASIFICACION DE GASTOS: EVIDENCIAS DE ESTUDIANTES DE PREGRADO EN ADMINISTRACION E INGENIERIA EN SISTEMAS PECUARIOS

Nadia Natasha Reus Gonzalez, Tania Reus Gonzalez, and Erika Miroslava Nunez Reus

Revista Global de Negocios, 2020, vol. 8, issue 2, 23-34

Abstract: For university students, to achieve and maintain successful finances, it is necessary to considerthe expenses they incur throughout their school journey. We develop a Matrix for expenditure classification for administration and engineering in Livestock undergraduate students. Our goal is to assist students with managing their personal finances. Our Matrix uses four classification options: urgent, non-urgent, important, and non-important. Students can analyze how they manage and how they spend their resources. Students can then plan and create financial strategies to improve their personal finances and quality of life

Keywords: Expenses; Finance; Strategy (search for similar items in EconPapers)
JEL-codes: D1 G5 J1 R1 R2 (search for similar items in EconPapers)
Date: 2020
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