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Investment Planning

Section 6:


Financial Planning

  What is financial planning?
A: Explains the concept of financial planning and how it is quite easy to manage one's personal financial plan keeping in mind the incoming fund flows, outgoing expenses and goals which need to be achieved. Know more

  What are the broad areas in which financial planning can be undertaken?
A: Financial planning consists of a variety of things. All these ought to be planned by individuals keeping in mind their stage in life cycle and their needs.
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  Who requires financial planning?
A: Almost everyone requires financial & investment planning. As the old adage goes-If one is failing to plan, they are surely planning to fail. Good and thoughtful planning is the cornerstone of an individual's good financial health.Know more

  How it is different from wealth management?
A: Although similar fundamentally, Financial planning defers as compared with wealth management.Know more

  Why should you make a financial plan?
A: There are many advantages of financial planning which can have far reaching positive effects on one's life. Discover why planning is important for you.Know more

  What should a financial plan include?
A: Depending upon an individual's needs and wants, a financial plan should include various components. Some things might have precedence over the others, however all things affecting the goals should be covered. Know more

  What is Goal setting?
A: It is one of the foremost and the most important step towards planning finances and investments. Getting this step correct sets a strong foundation for other activities. Know more

  Why Goal Prioritization is important?
A: How does one decide which goal is more important than the other? Efficient prioritization is the key to good planning. Know more

  Assessing the current situation.
A: Introspection of one's current situation is the starting point to bridge the gap between present and future. Know more