Step by Step Guide to Financial Planning Basics
Rand Robison : What does it mean to be financially fit? It is no child's play, nor is it rocket science. Financial planning is all about the right approach, and has little to do with financial expertise. Take a look at the step by step guide to master the basics in financial planning. This will not only help you manage your money better, but lets you save a part of your earnings so that you can have a worry free future. Here are some of the points to be considered:

1. Insurance premiums
2. Active Loans
3.Emergency funds
4.Retirement savings
5.Living Expenses

Make sure you save at least 15% of your annual gross income, in your bank account. This should be a habit, so that you have some money at your disposal as and when you want it.


Step by Step Guide to Financial Planning Basics
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Step by Step Guide to Financial Planning Basics

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Published:

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