Which describes personal finance?(1 point)

Responses

the money that is put into a commercial venture to make a profit
the money that is put into a commercial venture to make a profit

the reduction of money, time, or another resource
the reduction of money, time, or another resource

the financial management which an individual or a family unit performs
the financial management which an individual or a family unit performs

the cost incurred in or required for something

the financial management which an individual or a family unit performs

The correct answer is: the financial management which an individual or a family unit performs.