Intro: Dulce de Leche. Dulce de leche is a delicious caramel-like candy made from milk and sugar that's popular in many South American countries. It's called confiture de lait in French, and ...
In business, education, and psychology, self-management refers to methods, skills, and strategies by which individuals can effectively direct their own activities toward the achievement of objectives, and includes goal setting, planning, scheduling, task tracking, self-evaluation, self-intervention, self-development, etc.
Defining Personal Risk Management. Personal risk management (PRM), as I will use that phrase in this series, is the process of applying risk management principles to the needs of individual consumers. PRM is the process of identifying, measuring, and treating personal risk (including, but not limited to, insurance), followed by implementing the treatment plan and monitoring changes over time.