1 Finance Blog

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

Key Steps to Take 5 Years Before Retirement

Retirement Planning

5 min read

Key Steps to Take 5 Years Before Retirement

Planning for retirement is a long-term process, and the five years leading up to it are…

How to Apply for Health Insurance Under PM-JAY Scheme

Personal Finance

3 min read

How to Apply for Health Insurance Under PM-JAY Scheme

As healthcare costs rise, ensuring senior citizens have access to affordable and quality healthcare is critical.…

Managing Economic Cycles: A Comprehensive Guide Through Ups and Downs | Temperament by 1 Finance

Temperament

3 min read

Managing Economic Cycles: A Comprehensive Guide Through Ups and Downs | Temperament by 1 Finance

Economic cycles, with their inevitable rises and falls, shape the financial landscape we navigate daily. Understanding…

Why Should You Invest in Gold: Gold Prices, History and future

Investing

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…

Maximizing Savings with HRA: Indian Taxation

Tax Planning

4 min read

Maximizing Savings with HRA: Indian Taxation

Discover how HRA in India affects your taxes and learn effective strategies to optimize savings.

36 unauthorised bungalows demolished in Pune: Why homebuyers should consult real estate advisors before purchasing property

Real estate

4 min read

36 unauthorised bungalows demolished in Pune: Why homebuyers should consult real estate advisors before purchasing property

Imagine building your dream home—putting in all your savings, planning every corner, and finally moving in…

Demystifying Travel Insurance: Separating Fact from Fiction

Insurance

3 min read

Demystifying Travel Insurance: Separating Fact from Fiction

Unravel the truth about travel insurance with us as we debunk common myths and misconceptions, helping…

Home Loan Rate Drop: How Much Can You Save on Your Home Loan Interest Now?

Loan Planning

5 min read

Home Loan Rate Drop: How Much Can You Save on Your Home Loan Interest Now?

If you’re repaying a home loan, there’s good news. The Reserve Bank of India (RBI) has…

The Golden Touch: Decoding Gold Investments in Modern India | Temperament by 1 Finance

Temperament

3 min read

The Golden Touch: Decoding Gold Investments in Modern India | Temperament by 1 Finance

In the Indian psyche, gold is more than a precious metal; it’s a symbol of prosperity…

What is a Financial Planning Centre?

Personal Finance

3 min read

What is a Financial Planning Centre?

Your financial future is a vital part of your life. It encompasses your dreams, your security,…

Choosing the Best Platform for Personal Loans: A Comprehensive Guide

Loan Planning

3 min read

Choosing the Best Platform for Personal Loans: A Comprehensive Guide

In today’s fast-paced world, accessing funds through personal loans has become easier than ever, thanks to…

Tax planning for salaried Individuals – Beginners guide

Tax Planning

6 min read

Tax planning for salaried Individuals – Beginners guide

This guide empowers salaried individuals with essential tax planning knowledge to effectively manage taxes and maximize…

moneysign shape

Discover your MoneySign®

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

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