Financial planning is all about preparing a series or set of actionable plans to achieve your specific life goals. A road map, it guides you in making financial decisions- on investing, financial protection through insurance and building a corpus. It assesses the inflow and outflow of your resources, income, assets and liabilities.
A financial plan is unique to every individual. Though based on the basic principal of helping you achieve life goals, every plan is specific to individual goals. So what may be suitable to you, may really not work for another person.
There is no right time to create a financial plan. Nevertheless the earlier in your career you do so, the better it is. So assess your needs and define your goals well. Work towards channelizing your cash inflow as per your plan, to enable your money to offer you much more.
Solution Includes : SIP | SWP | Retirement Planning | Succession Planning | Medicine Fund | Term Insurance | Accidental Insurance | Health Insurance | Property Insurance | Jewellery Insurance | Travel Insurance | Car Insurance