Financial planning is a process through which you can chart a roadmap to meet expected and unforeseen needs in your life. It involves assessing your net worth , estimated future financial needs, and towards meeting those needs through proper management of finances.

All our lives we spend working to make money. Isn’t it time we began to think about how to make money work for us? The smart ones among us are able to achieve this because they plan and work for their plan.

Financial planning is defined by financial experts in various ways. A few of the definitions are reproduced herein.

Financial Planning is a process of identifying our life’s goals; translating these identified goals into financial goals and managing our finances in ways that will help us achieve those goals.

Financial Planning is a process through which we can chart a roadmap to meet expected and unforeseen needs in our life. It involves assessing our net worth, estimating future financial needs, and working towards meeting those needs through proper management of finances.

Financial planning takes into account our current and future needs, our individual risk profile and our income to chart out a roadmap to meet these anticipated needs.