Which of the following concepts does money management address?

Money management primarily focuses on the practical aspects of handling personal finances, which includes understanding and optimizing cash flow and assessing one’s personal net worth. Cash flow management involves planning and monitoring the inflow and outflow of money, ensuring that an individual can meet their financial obligations while also saving and investing for the future. Personal net worth is a critical component of financial health, reflecting the total value of an individual’s assets minus liabilities.

While the other options touch on relevant financial concepts, they do not encompass the broad, foundational elements central to money management as effectively as cash flow management and personal net worth do. Investment opportunities and stock analysis focus more on the growth of wealth rather than management; debt reduction and savings accounts are aspects of personal finance but do not encapsulate the overall strategy needed for managing money comprehensively; and insurance policies and retirement plans deal with specific financial products rather than the overarching theme of effectively managing one's finances.