Tag: Financial Planning

IC-33 Chapter 4 : Financial Planning

Financial Planning: It is a process of identifying one’s life’s goals, translating these identified goals into financial goals and managing one’s finances in ways that will help one to achieve those goals.  Savings may be considered as a composite of…

Investment Planning

Investment Planning involves identifying the financial goals throughout our life, and prioritizing them. Investment Planning is important because it helps us to derive the maximum benefit from our investments. Our success as an investor depends upon our ability to choose…

Life Insurance

  From a legal angle insurance is a contract. The contract is between insurance company and the person getting insurance cover, beneficiaries of insurance would include The policyholder The insured person Dependent of the insured person Life insurance is usually…

Requirement of financial planning

Financial planning is very required for all people, what so ever his/her income is. A habit of saving must be necessary for all people because no one in this world know about his/her future. As we all know that future…