AN INDIVIDUAL FINANCIAL PLANNING What is financial planning ? Financial Planning is a freedom to achieve your Long term & Short term goals . It includes Savings, Investment , Insurance, Retirement ,Budgeting , Estate & tax planning . Why one should do Financial Planning? To give a proper structure to our life one should need a planning . Many people had question & thought that they don't earn so much that they can make a Financial planning or had required to do . But it is not true! no matter how much you earn it's all about to make your income in such a better way so that everything would be in right place . Benefits of Financial Planning 1 ) Cover up your Emergencies - Medical 2) Fulfill your Dreams - House ,Car , World Tours etc....... 3) Better Standard of Living 4) Manage your Savings & Expenditure 5) Increase in Capital 6) Strategies to manage your Loans & Debt 7) Covering Ups & Downs in