downloadbtn downloadbtn
Home
Tools
Product
More

1 Finance Blog

Discover financial wisdom on our blog for expert insights on personal finance, investing, and money management.

Mastering Personal Loans: Your Ultimate Guide to Financial Flexibility and Smart Borrowing | Temperament by 1 Finance

Temperament

3 min read

Mastering Personal Loans: Your Ultimate Guide to Financial Flexibility and Smart Borrowing | Temperament by 1 Finance

In an era where financial flexibility is more important than ever, personal loans emerge as the…

Achieve Your Financial Dreams: A Step-by-Step Guide to Portfolio Rebalancing

Investing

4 min read

Achieve Your Financial Dreams: A Step-by-Step Guide to Portfolio Rebalancing

Priorities and ambitions naturally shift as one progresses through life. In the same way, your investment…

7 Key Factors That Affect Your Term Insurance Premium

Insurance

4 min read

7 Key Factors That Affect Your Term Insurance Premium

Term insurance is a vital component of a sound financial plan. It provides financial security to…

How 1 Finance Applies the ‘Three Generations of Wealth Creators’ Framework in Financial Planning

Personal Finance

5 min read

How 1 Finance Applies the ‘Three Generations of Wealth Creators’ Framework in Financial Planning

Financial planning is not a one-size-fits-all approach. Each individual has unique financial goals, challenges, and levels…

How to Download NPS Statement

NPS

2 min read

How to Download NPS Statement

Tracking your National Pension System (NPS) contributions is crucial for financial planning. The NPS statement provides…

Product over people : How you are missold a financial product

3 min read

Product over people : How you are missold a financial product

Picture this: you step into a financial institution, most likely a bank, seeking an insurance plan…

10 Best Tax-Friendly Habits to Adopt for a Sound Financial Future

Tax Planning

3 min read

10 Best Tax-Friendly Habits to Adopt for a Sound Financial Future

Navigate India's complex financial landscape with our ten tax-friendly habits, setting the stage for wealth preservation,…

Filing ITR online on your own? It could cost more than you save in taxes

ITR Filing

7 min read

Filing ITR online on your own? It could cost more than you save in taxes

Are you relying on DIY portals to file your own ITR at the last minute for…

Difference between a living will and a will: One for your life, one for your legacy

Estate Planning

7 min read

Difference between a living will and a will: One for your life, one for your legacy

A living Will is for your medical treatment preferences and a regular Will is to distribute…

How to diversify your portfolio in today’s highly volatile market?

Investing

4 min read

How to diversify your portfolio in today’s highly volatile market?

Diversification is the practice of spreading your investments around so that your exposure to any one…

What It Takes for Successful Retirement Planning?

Retirement Planning

4 min read

What It Takes for Successful Retirement Planning?

Retirement planning is not just a financial necessity; it is a fundamental aspect of securing your…

Here’s the Impact Buying a Home Has on Your Financial Health

Personal Finance

3 min read

Here’s the Impact Buying a Home Has on Your Financial Health

Buying a home is the biggest and probably the costliest financial decision we make in our…

moneysign shape

Discover your MoneySign®

Identify the personality traits and behavioural patterns that shape your financial choices.

button

Frequently Asked Questions

faq-icon

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.

faq-icon

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.

faq-icon

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.

Chat with us