In most countries, financial institutions operate in a heavily regulated environment. As critical parts of countries' economies, those economies depend on them to grow the money supply. Regulatory structures differ for each country. Typically, these involve prudential regulation as well as consumer protection and market stability. Some countries have one consolidated agency that regulates all financial institutions. Other countries have separate agencies for different types of institutions. These include banks, insurance companies and brokers.


If you want to control your spending and work towards your financial goals, you need a budget. A written, monthly budget is a financial planning tool that allows you to plan how much you will spend or save each month. It also allows you to track your spending habits. Whether you’re looking to create a personal budget spreadsheet or just get a better grasp on money management, start with these six steps.

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