It is the process of establishing financial guidelines for the acquisition, administration, and management of an organization's financial resources.
Importance of Financial Planning
If you want to achieve financial independence then...
- retain your lifestyle
- Save money
- Know where to invest
- Start saving early in your working career.
- Start Investing to achieve all your goals.
1. Save and invest more for your goals
2. Income Management
3. Better Cash Flow
4. To improve Investment
5. Increased Return on Portfolio
6. Inflation stability
7. SecureD Retirement Plan