1 Finance Blog

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

The Psychology of Debt: Navigating the Emotional Labyrinth | Temperament by 1 Finance

Temperament

3 min read

The Psychology of Debt: Navigating the Emotional Labyrinth | Temperament by 1 Finance

In an era where financial decisions are deeply intertwined with emotional responses, the psychological aspects of…

Home Loan Balance Transfer: Factors To Be Considered

Loan Planning

3 min read

Home Loan Balance Transfer: Factors To Be Considered

A home loan balance transfer is when you move from one lender to the other with…

How Would Having a Child Impact My Finances?

3 min read

How Would Having a Child Impact My Finances?

Dear Qualified Financial Advisor, Like what you're reading? Get our latest, straight to your inbox. Subscribe…

Why We Created a Commission Analyser for Insurance Policies

Insurance

3 min read

Why We Created a Commission Analyser for Insurance Policies

Among the issues that plague India’s personal finance advisory space, the mis-selling of financial products that…

Why Should You Evaluate Your Existing Portfolio Before Making a New Investment?

Personal Finance

3 min read

Why Should You Evaluate Your Existing Portfolio Before Making a New Investment?

More often than not, I have received calls from investors asking me to add a new…

What is Health Insurance Scoring and Ranking?

Scoring and Ranking

2 min read

What is Health Insurance Scoring and Ranking?

Choosing the right health insurance plan is crucial for safeguarding your financial well-being against unforeseen medical…

Mitigating Liability Risks: Strategies for Individuals and Families

Loan Planning

3 min read

Mitigating Liability Risks: Strategies for Individuals and Families

This post details strategies and examples on managing liability risks and protecting assets, emphasizing the role…

How Our Memories Shape the Way We Think about Money

3 min read

How Our Memories Shape the Way We Think about Money

The world as we know it as adults is often viewed through the prism of our…

Here’s How You Can Create Your Wedding Budget Without Compromising Your Financial Goals

Personal Finance

3 min read

Here’s How You Can Create Your Wedding Budget Without Compromising Your Financial Goals

A wedding is one of life’s most cherished moments, but it also comes with significant financial…

What Are Charge Cards? How is it Different From Credit Cards?

3 min read

What Are Charge Cards? How is it Different From Credit Cards?

Charge cards are a type of payment card that offer financial flexibility similar to credit cards…

5 Must-Use Financial Calculators For Personal Finance In 2025

Personal Finance

3 min read

5 Must-Use Financial Calculators For Personal Finance In 2025

Managing personal finance is a difficult job but using these financial calculators, you can help yourself…

PPF pre-mature withdrawal rules eased. Depositors to pay lesser penalty on pre-mature withdrawal

Personal Finance

3 min read

PPF pre-mature withdrawal rules eased. Depositors to pay lesser penalty on pre-mature withdrawal

The Public Provident Fund (PPF) is a mainstay of long-term investment in India. There are several…

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