What is Financial Planning & How to Do Financial Planning Explained in English

You can ask a question on Hello welcome to five paisa.com, today we talk about financial planning and its importance. They say that no one knows what is going to happen tomorrow and hence we should prepare for tomorrow from today itself. Small and big dreams, I explain that financial planning is necessary to deal with any untoward incident and live a life together. I bought this new iPhone with my savings, I did not use credit card. For Rs 1 lakh, I started a SIP of Rs 10, i.e. Systematic Investment Plan. If I chose this Without VPN. 

I would have got an extra Rs 13 thousand and like me, you too can do financial planning for every small and big dream of yours. If you want to go and study after 10 years, then you will need at least Rs 50 lakh for this today. Start investing right now Subscribe Among 18 likes of your friends If you invest Rs 20 thousand per month for the next 10 years, then your dream of going abroad and studying can be fulfilled, then all you need is income tax. Prepare a list of Princess Acid and Liabilities, this will help you know your surplus amount.

Write articles for different goals with time frame. Like a roller coaster ride, there are some situations which you should always be prepared to deal with, like sudden swelling or an accident. To avoid such problems, prepare your six-month emergency plan. Whether you want financial planning for 2030 or not, people think that life insurance is expensive, which is absolutely wrong. If you have a term plan of Rs 1 crore, then you will only get two per day. Don't forget to take health insurance for yourself and your family as well as prepare for retirement. Do it from today itself, when you are working, it is not like this at all.

It is important that you do not spend on yourself, even if you save a little amount for tomorrow, in this way you can do financial planning for yourself and your family. Like pension planning, you can get answers to all the schemes, log on to pipe paisa.com now. If you do these then you will get it and you will also get all this information on 5p school Ajay.