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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
How Does India invest? A Look Into 2023 Report
Investments are often a window into a nation’s economic pulse and the confidence of its people.…
4 min read
What is RERA Carpet Area? Why It’s Important, How It’s Calculated?
In this blog, we’ll dive into everything you need to know about RERA carpet area: what…
10 min read
Fixed Deposits vs. Debt Mutual Funds: The Legacy of Top Investments in India
Priya, a 28-year-old IT professional based in Bangalore has recently received a bonus of Rs. 5…
8 min read
Real Estate in Gurugram – Prices, Affordability, Top Performing Markets and Future Trends
Located on the southwestern fringes of India’s capital, Gurugram, formerly Gurgaon has emerged as one of…
7 min read
Capital Gains on Sale of Property: What Homeowners Need to Know
In India, we love to buy properties, and often these purchases are partly funded by the…
4 min read
Top 3 beginner credit cards in 2025: Lifetime-free credit cards with cashbacks, reward points, lounge access, and more
Whether you're looking to build credit or simply want value on everyday spends, these cards keep…
4 min read
5 Essential Steps to Make a Will and Secure Your Legacy
Many view estate planning as a task for the elderly or wealthy, but creating a will…
6 min read
How to save tax for salary above ₹15 lakh
Earning over ₹15 lakh a year is a significant milestone. It reflects your hard work, dedication,…
4 min read
Property in Thane: Should you invest in Thane district real estate in 2025?
Thane offers a Mumbai-like lifestyle at more affordable prices. It has a track record of solid…
4 min read
Understanding the difference between short-term and long-term capital gains in India
Understanding short-term and long-term capital gains is crucial for complying with tax laws and filing your…
3 min read
Securing Your Future: The Role of a Financial Advisor in Retirement Planning
Uncover the crucial role financial advisors play in securing your future through effective retirement planning.
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.
