1 Finance Blog

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

Exploring the Commercial Real Estate Terrain in India | “Temperament” by 1 Finance

Temperament

4 min read

Exploring the Commercial Real Estate Terrain in India | “Temperament” by 1 Finance

In today’s dynamic world, commercial real estate investment in India stands as a booming sector, growing…

Jio Financial Services and BlackRock Join Hands: A Game-Changing Inflection Point in India’s Asset Management Industry

Mutual Fund

4 min read

Jio Financial Services and BlackRock Join Hands: A Game-Changing Inflection Point in India’s Asset Management Industry

Jio Financial Services collaborates with BlackRock, marking a transformative moment in India's asset management landscape. This…

The Psychology of Wealth: Navigating Financial Success with Mindset Mastery | Temperament by 1 Finance

Temperament

4 min read

The Psychology of Wealth: Navigating Financial Success with Mindset Mastery | Temperament by 1 Finance

In a world increasingly focused on material wealth, understanding the psychological aspects of money is key…

Tax Benefits for Senior Citizens: A Comprehensive Guide

Tax Planning

4 min read

Tax Benefits for Senior Citizens: A Comprehensive Guide

Navigating complex income tax rules can be challenging, especially for individuals in the later stages of…

Importance of Liability Planning for Salaried Individuals

Loan Planning

5 min read

Importance of Liability Planning for Salaried Individuals

If you're a salaried individual, it's crucial to understand the importance of liability planning.

5 Hidden Credit Card Charges That You Should Know About

Credit cards blogs

5 min read

5 Hidden Credit Card Charges That You Should Know About

Credit cards can be powerful financial tools when used strategically. However, hidden fees can accumulate rapidly,…

How to File Income Tax Return Online?

Tax Planning

3 min read

How to File Income Tax Return Online?

Introduction Whether you’re a salaried individual or a self-employed businessperson, the Indian Income Tax Act, 1961,…

Hallmark of a Balanced Portfolio: How to Strike the Right Equilibrium

Personal Finance

4 min read

Hallmark of a Balanced Portfolio: How to Strike the Right Equilibrium

Let’s today understand what we mean by a balanced portfolio and why we need to have…

How Much Loan is Too Much Loan?

Loan Planning

4 min read

How Much Loan is Too Much Loan?

Desire is a very fundamental to human nature and satisfying these desires comes at a cost.…

Alternative Investments to Fixed Deposits as FD Interest Rates Begin to Drop

Investing

4 min read

Alternative Investments to Fixed Deposits as FD Interest Rates Begin to Drop

Banks have started reducing interest rates on fixed deposits (FDs) since the Reserve Bank of India…

The Benefits of Financial Well-Being for Businesses and Employees in India: A Comprehensive Guide

Personal Finance

4 min read

The Benefits of Financial Well-Being for Businesses and Employees in India: A Comprehensive Guide

Explore the mutual benefits of financial well-being for businesses and employees in India, from increased productivity…

Your 7 point Checklist for Retirement

Retirement Planning

3 min read

Your 7 point Checklist for Retirement

When you retire, it is not only your income that stops! Retirement is not just a…

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