Financial Planning is the process that provides you a framework for achieving your life goals in a systematic and planned way by avoiding the shocks and surprises. Your Exact Current Financial situation by Reviewing Cash Flow and Net worth Statement Evaluation of your Financial Goals (viz. Retirement, Child’s Education, Marriage, Dream House/Car etc.)

Whenever we are planning, having an holistic view is very important, taking all things into consideration such as our past experiences and the future expectations with action to be taken in present is required, also our money is interlinked with all the transactions we do, focusing only in one area may lead to deficit in other.

The most important thing to simplify things would be to understand the following:

• What would be the realistic cost of your Financial Goals in future?
• How much should you save regularly and for how long?
• Where to invest the regularly saved money as per your goals?