Wealth creation is not a magic, make sure it happens by method
World Financial Planning Day on 4th October this year, let's chat about something we all know but often overlook—financial planning. Financial planning isn't just for the elite or the well-versed as often misunderstood, it's for every Indian who aspires to secure their future.
Why Financial Planning Is a Big Deal
Picture this: You decide to go on a road trip without any idea of your destination, no map, no GPS.
Fun at first, but you'll soon find yourself lost, frustrated, and maybe even running low on fuel or battery as applies to you. That's what life can feel like without financial planning. Here's why financial planning is a must-do.
1.
Your Goals Are Your Roadmap: Just like you'd set a destination for your trip, financial planning helps you set and prioritise life goals. Whether it's buying that dream home, sending your kids to college, or retiring comfortably, a plan gets you there better and generally with less stress.
2. Unexpected Potholes: Life's full of surprises—some good, some not so much.
A well-thought-out financial plan is like having a spare tyre for those unexpected flat tyres in life.
3. Money Multiplier: You know how your smartphone battery drains when you use too many apps? Well, your money does the same if you don't manage it wisely. Financial planning helps you keep your money working for you, not against you.
4.
