1 Finance Blog
Discover financial wisdom on our blog for expert insights on personal finance, investing, and money management.
2 min read
The Importance of Growth Assets in Your Portfolio
Priya Kumar, a 40-year-old IT professional from Bengaluru, earns ₹1,50,000 monthly. Despite saving regularly, she worries…
8 min read
Financial Strategies When You Are In Your 30
Are you in your 30s and looking for ways to improve your financial situation? Get practical…
3 min read
Optimise Your Investments with the Mutual Fund Portfolio Overlap Tool
Investing in mutual funds is a popular strategy for diversifying one’s portfolio and achieving financial goals.…
7 min read
Retirement Income Strategies: How to Get the Most Out of Your Retirement?
Human life can be viewed as a journey, with experiences and financial milestones along the way.…
3 min read
What is Portfolio Rebalancing? How does Portfolio Rebalancing Work?
They say asset allocation is the key. What do they mean by this? Let’s say that…
What is Stamp duty on Gift deeds?
When it comes to transferring property or assets, a gift deed is one of the most…
2 min read
5 Key things to know before making a Will
Understanding that Will-making is important is a great start to ensuring that your assets are given…
6 min read
5 Best Entry-Level Travel Credit Cards for 2025 (₹0 – ₹1,000 Annual Fee)
In recent years, the number of credit cards in India has grown significantly. According to an…
3 min read
Why Investing in Thematic Mutual Funds is Not the Right Strategy
Investing in mutual funds has long been a favored strategy for those seeking diversified exposure to…
5 min read
Why Should You Only Work with a SEBI Registered Investment Advisor?
When it comes to making financial decisions, selecting the right professional to guide you is crucial.…
6 min read
What is a Will in India?
A will is a legal document that allows an individual, known as the testator, to dictate…
4 min read
Six Myths Around Women and Money
Each year, March month becomes a whole month of celebration for women in every field. Being…
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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.
