How to go about Financial Planning? Goals!

List your goals: Financial planning is all about meeting your financial goals. Have you made a list of what your financial goals are? Do you want to buy a house? If so, which is the target year? Do you need to save money for your wedding, or for family functions? Are you thinking about going for higher education? Do you want to retire early? Do you want to make a pool of money so that you can quit your job and build your dream company?

Children’s education – when is that going to hit you? What will you be left with when you retire? Is there a cause you are passionate about? Do you wish to travel the world? How would you take care of health related expenses?

What is the time horizon you are looking at? How much do you need in 3 years? How much in 5 years? How much in 10 years?

Look out for more insights into Financial Planning.


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