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 your Tough situation
8) Forecasting your future
9) Securing Family
10) Retirement
So Planning is very much important to monitor our life in a correct way . I would suggest to each & every Individual.
MONEY IS NOT A LIFE BUT IT IS VERY IMPORTANT PART OF OUR LIFE .
In some other Blogs I will Elaborate the Financial aspect .So Stay tuned with me & make your Financial Freedom through Planning . You can comment whether you like this blog or not. If you require some more knowledge about this topic kindly suggest me.
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