Investing
5 min read
What is a REIT in India and How Can You Invest in REIT?
Imagine owning a piece of premium commercial real estate in Mumbai, Bangalore, or Delhi—without shelling out…
6 min read
Why Should You Invest in Gold: Gold Prices, History and future
There’s one metal that is historic, timeless and valuable. Yet not rare like diamond, or cheap…
4 min read
How to invest in the US stock market from India
They say diversification is the only free lunch in investing. We all understand the importance of…
3 min read
Planning to pause your SIP during a market crash? Think again!
While systematic investment plans (SIPs) continue to be one of the best ways to grow wealth…
3 min read
The Hidden Link Between Loans and Investments: Are You Making Costly Mistakes?
Many people assume that loans and investments are independent financial decisions. However, they are deeply interconnected,…
5 min read
What is the best investment for you in 2025?
From fixed income to stocks, mutual funds, real estate, and gold, there are several investment options…
5 min read
The Big Deal About Investing Early in the Indian Market
Investing early is often emphasised by financial advisors, but what makes it such a big deal?…
2 min read
Should You Diversify Your Investments Beyond Nifty 50? Know What Should Be Your First Priority
The Nifty 50 Index has long been a popular investment choice for Indian investors, delivering an…
2 min read
Key Benefits of Investing in ETFs
Exchange-Traded Funds (ETFs) offer investors a unique blend of diversification and ease of trading. They function…
5 min read
What Are ETFs? How ETFs Work? and What are Types of ETFs?
As of December 31, 2024, the Indian mutual fund industry’s Assets Under Management (AUM) reached ₹66.93…
4 min read
3 Things to Consider Before You Rush Into Investments
Investing is often seen as a gateway to financial growth and freedom. The promise of multiplying…
3 min read
ELSS vs. PPF: Which One Should You Choose for Your Portfolio?
When it comes to tax-saving investments, two options stand out—Equity Linked Savings Scheme (ELSS) and Public…
Discover your MoneySign®
Identify the personality traits and behavioural patterns that shape your financial choices.
Frequently Asked Questions
What is financial planning?
Financial planning is the process of evaluating your current finances and making a plan to map your journey to financial well-being.
It involves looking at all aspects of your financial life - income, savings, debt, investments, etc.
The aim is to understand where you stand today financially and then chart a course to get you where you want to be in the long run.
Financial planning provides direction and structure to your finances. It helps you intentionally move toward financial wellness.
The plan equips you to prepare for expected life events like retirement as well as unexpected events.
In short, financial planning bridges your present circumstances to your desired financial future. It gives you a path to follow.
What are the benefits of working with a financial advisor?
Working with a financial advisor can provide an invaluable perspective on your current situation. With the help of a financial advisor, you can assess your finances holistically - debts, assets, income streams, and more. With this comprehensive understanding, the advisor helps craft strategies tailored to your needs.
A financial plan crafted by a qualified advisor grants you agency over your financial life. It transforms vague anxiety about the future into proactive preparation. With expert guidance, you can map out actionable steps to strengthen your finances over time.
Why is financial planning important?
Financial planning is important because it provides clarity and control over your finances.
Having a financial plan helps you:
- Understand where you stand financially today
- Map out specific steps to improve your financial situation
- Prepare for major life events like marriage, child’s education, retirement etc.
- Budget effectively and evaluate your investment portfolio
- Strategic Tax Planning & Filing
- Manage and reduce debt
- Being financially ready for emergencies
- Creating a will to preserve your legacy
In short, financial planning is essential for financial stability and peace of mind. It gives your finances direction and purpose. With proper planning, you can take charge of your money and build financial security.
