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FINANCIAL PLANNING

Financial Planning is a continuous process to help you make important decisions about money that can help you achieve your goals in life. In other words, financial planning is a systematic approach whereby the financial planner /adviser helps the customer by utilizing financial tools to maximize his existing financial resources  to achieve his financial goals.

Financial planning is about the process of meeting one’s life goals through proper management of one’s financial resources. Goals of Life may include buying a home, saving for child’s education or child marriage, planning for retirement. It is a process that consists of specific systematic steps that help one to take a big-picture look at where you are financially. Using these steps one can work out where he is now, what he may need in the future and what he must do to reach his goals.

The financial planning is not for any specific class of people. Financial planning can be done for any people rich or poor. It is never too late to start your financial planning. But the early you plan for you financial goal the more you can achieve. Dreams can not be achieve within a flick but to make plan to achieve the goals which may take time. but proper planning will take you to the achievement of your goal.

The financial planning includes not only investment to achieve goal of your life. This the planning for your security as well. Only panning of goal achievement can not be your planning, you have to make yourself prepare for any uneven event of your life which will protect the interest of you financial planning. the financial planning consists the goal planning, strategy, execute and servicing along with insurance to protect your goal achievement interest.