1 Finance Blog

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

Trump’s ‘Kind Reciprocal’ Tariffs Prove Not So Kind to Market: What Should Indian Investors Do Now?

Investing

6 min read

Trump’s ‘Kind Reciprocal’ Tariffs Prove Not So Kind to Market: What Should Indian Investors Do Now?

In a move described by President Donald Trump as a “Liberation Day” for American industries, the…

Unlocking the Secrets of Fundamental Analysis: A Guide to Smart Investing | “Temperament” by 1 Finance

Temperament

5 min read

Unlocking the Secrets of Fundamental Analysis: A Guide to Smart Investing | “Temperament” by 1 Finance

An ability to do sophisticated and well-informed decisions in the ever changing world of stock investing…

Navigating Money Matters in a Relationship

Personal Finance

4 min read

Navigating Money Matters in a Relationship

“In our home, all talk begins and ends with money,” Sarita complains to a concerned neighbour…

Rights of Banking Consumers and how they can raise their concerns

Personal Finance

4 min read

Rights of Banking Consumers and how they can raise their concerns

In the month of October, 2023, the Reserve Bank of India (RBI) penalised two of the…

How the Hindsight Bias Clouds Your Financial Decisions

Personal Finance

3 min read

How the Hindsight Bias Clouds Your Financial Decisions

The choices we make on an everyday basis are influenced by several things — they reflect our…

What Happens When a Parent Dies While You’re Young?

Personal Finance

4 min read

What Happens When a Parent Dies While You’re Young?

Many years ago, I came home from college one afternoon to find that my father had…

Credit Wisdom Unveiled: Navigating the Perks and Pitfalls of Credit Cards and BNPL |  Temperament by 1 Finance

Temperament

2 min read

Credit Wisdom Unveiled: Navigating the Perks and Pitfalls of Credit Cards and BNPL | Temperament by 1 Finance

In a world where instant gratification is often a click away, understanding the nuances of modern…

How to Save Tax Legally in India

Tax Planning

2 min read

How to Save Tax Legally in India

Everyone pays tax in some way or the other — and as we experience upward mobility and…

What is Fund of Funds? Know the Types, Advantages and Disadvantages of FOFs

Personal Finance

5 min read

What is Fund of Funds? Know the Types, Advantages and Disadvantages of FOFs

Investors looking for diversification often come across the term Fund of Funds (FoF). But what is…

Navigating the Insurance Maze: A Guide to Risk Management and Financial Security | Temperament by 1 Finance

Temperament

3 min read

Navigating the Insurance Maze: A Guide to Risk Management and Financial Security | Temperament by 1 Finance

  Insurance can seem complicated, leaving many people hesitant to make decisions because they’re confused. In…

How to File a Life Insurance Claim

Insurance

4 min read

How to File a Life Insurance Claim

In an unpredictable world, a life insurance policy stands as a vital safeguard to protect our…

So You Like Art — But Should You Invest in It?

Investing

4 min read

So You Like Art — But Should You Invest in It?

In March 2021, Mike Winkelmann, better known as Beeple, sold his work Everydays: The First 5000…

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