Financial planning gives a direction to our lives. Without knowing our finances, our goals and the timeline we expect to reach each goal, life moves like a rudderless ship. A person, who knows the following facts, leads an organised life in terms of money matters than one who doesn’t know them clearly, despite whoever earns more: We all know a few facts, or we can know them easily – how do the sovereign bonds grow in the country (the risk-free rate) and how the consumer prices are growing (inflation). We all know the most certain in life is to die, but we do not …
Why is financial planning important for our future?
