1. Personal Financial Planning

2. You work hard for your Money. Is your Money working hard for you?

3. Personal Financial Planning Areas needs to be taken care  Retirement Planning  Emergency Fund  Insurance  Housing  Investment

4. Retirement Planning:- Most employees have retirement benefits such as Statutory PF, Recognized PF, Unrecognized PF, Gratuity, Superannuation Fund, Pension, Retrenchment Compensation or VRS Settlements. However, it would be very foolish to depend only on these retirement benefits to fund retirement. There is also a wrong perception, that planning for retirement should only start when a person approaches retirement

5. Emergency Fund:- Have some contingency money in a savings bank / flexi-deposit account or money market account. In other words, have a minimum cash buffer. Build towards at least 3/6/12 months of normal living expenses, depending upon your needs, existing levels of insurance, number of earners in the family.

6. Insurance:- Insurance is a very critical yet imperative part of any well thought and professionally inspired financial planning. But unfortunately, when it comes to personal finance planning, we often forget insurance. But incorporating several types of insurance in your personal finance planning can make it a complete package of your future planning!

7. Housing:- Everyone has a dream of buying their own house be it now or later. This is the only area (apart from car loan and credit card loan where interest rates are very high and no tax benefits) where we advise clients to take home loans as it is easily available in the market with lower interest rates as well as with various tax benefits which includes (principal repayments under sec 80c and interest payments under sec 24(b))

8. Investment:- Investment is ideally chosen with a goal in mind – income, safety and growth. You need to decide which one is your priority out of these three. Based on this, you must select and plan your investment strategy. Kick start your investment journey by analyzing where you currently stand. How old are you, your source of income, what is the time horizon or how long can you invest to touch the investment goal, goes hand in hand. Don’t forget to gaze your investment knowledge, though you can also consult an investment consultant.