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Showing posts from December, 2018

FINANCIAL PLANNING

Financial Planning – A Foundation for Your Future Save money = Lead a better life tomorrow We all want to be rich and well settled in our lives. We need money for such a lifestyle and that too coming in steadily. Financial planning is the best way to reach your financial goals and meet future requirements. So what is financial planning?  It is the process of mapping out financial objectives, current & future expenses, assets & liabilities to create a rock solid base for your future financial cash-flows. There are financial advisors, financial planners or financial consultants that help you create an in-depth financial plan. A financial plan is a thought-out path taking into consideration various factors such as current and future financial cash-flows. WHY DO YOU NEED FINANCIAL PLANNING? Each of us has aspirations, buying a car or a house, a grand marriage, hassle free retirement, etc. Each of these life goals has a monetary impact attached to it along with the obvious emoti