1 Finance Blog

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

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…

Set-Off and Carry Forward of Losses: A Detailed Analysis

Tax Planning

5 min read

Set-Off and Carry Forward of Losses: A Detailed Analysis

Understanding the set-off and carry-forward rules for losses can significantly reduce your tax burden. The Income…

Understanding Personal Inflation Rate: The Ultimate Guide

Retirement Planning

4 min read

Understanding Personal Inflation Rate: The Ultimate Guide

Gain comprehensive insights into calculating and comprehending your personal inflation rate in India with this ultimate…

Safeguarding your future:  Decoding Term Insurance Vs Personal Accident Insurance

Insurance

4 min read

Safeguarding your future: Decoding Term Insurance Vs Personal Accident Insurance

Introduction Life’s unpredictability often brings unexpected emergencies. While we can’t control these events, having the safety…

The Dos and Don’ts of Sharing Your Financial Data

3 min read

The Dos and Don’ts of Sharing Your Financial Data

We tend to be discreet about our financial information, and understandably so. No one wants to…

5 Essential Considerations For Building a Robust Retirement Fund

Ask a QFA

3 min read

5 Essential Considerations For Building a Robust Retirement Fund

As the future looms closer, the prospect of retirement often feels like an elusive dream—one that…

7 Key Factors That Affect Your Term Insurance Premium

Insurance

4 min read

7 Key Factors That Affect Your Term Insurance Premium

Term insurance is a vital component of a sound financial plan. It provides financial security to…

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…

How Does Getting Married Affect My Finances?

3 min read

How Does Getting Married Affect My Finances?

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

Belated Return or Revision : Your Last Chance to File or Revise ITR for the Year 2022-23

Tax Planning

5 min read

Belated Return or Revision : Your Last Chance to File or Revise ITR for the Year 2022-23

When discussing personal finance, one topic we can’t overlook is income tax filing—an annual ritual where…

How We’re Keeping Your Data Safe

4 min read

How We’re Keeping Your Data Safe

There’s growing discourse around data privacy and security across the world — and for good reason.…

Demystifying Life Insurance in India: Exploring Different Policy Options

Insurance

5 min read

Demystifying Life Insurance in India: Exploring Different Policy Options

Secure your family's future with our essential guide to understanding life insurance policies in India, aiding…

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.