1 Finance Blog

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

What Are ETFs? How ETFs Work? and What are Types of ETFs?

Investing

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…

The Allure of Fantasy Sports

4 min read

The Allure of Fantasy Sports

In 2017, at the height of Premier Kabaddi League’s popularity, Joseph George created his kabaddi team…

Difference Between Belated ITR and Revised ITR

ITR Filing

3 min read

Difference Between Belated ITR and Revised ITR

Introduction While most people around you might have successfully filed their Income Tax Returns for the…

What is Mutual Fund Scoring and Ranking?

Mutual Fund

2 min read

What is Mutual Fund Scoring and Ranking?

Investing in mutual funds can be a complex endeavour given the multitude of options available. To…

What is Lifestyle Inflation?

Personal Finance

3 min read

What is Lifestyle Inflation?

Ramesh Rao, a 60-year-old retired IT professional, lives in Bengaluru with his wife, Meera. Their children,…

Tax Filing: Understanding Key Terminologies

Tax Planning

5 min read

Tax Filing: Understanding Key Terminologies

Filing your Income Tax Return (ITR) in India can feel confusing at first. There are a…

Credit Cards: A Journey of Rewards and Risks

Credit cards blogs

2 min read

Credit Cards: A Journey of Rewards and Risks

This blog post explores the benefits and potential pitfalls of credit cards, emphasizing the significance of…

Engaging with finance through crosswords

Personal Finance

3 min read

Engaging with finance through crosswords

Learning about finance doesn’t have to be dull. It can be engaging, interactive, and even game-like.…

Comprehensive Guide to Exchange-Traded Funds (ETFs): What You Need to Know

Mutual Fund

5 min read

Comprehensive Guide to Exchange-Traded Funds (ETFs): What You Need to Know

Exchange-Traded Funds (ETFs) have become increasingly popular investment vehicles in recent years, offering a hybrid between…

Decoding Taxation on Capital Gains

Tax Planning

9 min read

Decoding Taxation on Capital Gains

Gain insights into the intricacies of capital gains taxation and navigate the complexities of maximizing financial…

How to Create a Financially Smart New Year Resolution Plan

Personal Finance

3 min read

How to Create a Financially Smart New Year Resolution Plan

The New Year is the perfect time to hit refresh and think about how to take…

Hedge funds vs. Mutual funds : Know the differences

Investing

4 min read

Hedge funds vs. Mutual funds : Know the differences

Hedge funds and mutual funds might look similar at first—they both pool money from investors and…

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