FINANCE GURU ADVICE

  FINANCIAL PLANNING   Do you feel like your expenses are out of your control?  Are you concerned about inadequate retirement fund? Are you worried or anxious about covering family expenses?  Majority of the people struggle with managing the finance. But don't worry, the good news is that there are resources available for financial plans. By creating a strategic financial plan, you can get complete control over your finances and reach your finance goals. WHAT IS FINANCIAL PLANNING? Financial Planning is the process of creating a well planned comprehensive strategy to manage a person's or whole family's finances effectively. It involves deep analyzing of : income, debt, cash flow, emergency fund, estate plan and few other components. KEY COMPONENTS OF GOOD FINANCIAL PLANNING :  1. SETTING UP FINANCIAL GOAL For a good financial planning you need to setup a  financial goal, which means you should be clear about what you want to achieve with your money. Financial goal can be an