List of Financial Planning Articles

Financial Planning is an essential portion of both personal and organisational financial management. Additionally, having a plan in place is the first function of management.

One of the common problems people face is when an account holder in the family dies without appointing a nominee. Today, when you open a bank account or a demat account or even buy mutual funds, it is mandatory to appoint a nominee. In case you choose not to name a nominee, you must mention the reason why you don’t want to appoint a nominee.

Never give up is the key to being successful. Successful people are those who waded through their difficulties and overcame them to reach where they are today. The only thing that made them rich was that they didn't give up, even when life wanted them to.

having payments banks is to increase financial inclusion in remote parts of the country, where there are no physical bank branches. Most payments banks predominantly operate digitally. Customers mainly use them through their mobile apps. Payments banks have very limited number of physical branches.

Certificate of Deposit or CD is a fixed-income financial instrument governed under the Reserve Bank and India (RBI) issued in a dematerialized form.

Certificate of Deposit or CD is a fixed-income financial instrument governed under the Reserve Bank of India issued in a dematerialized form where the amount at withdrawal is assured from the beginning.

It is said that a financial plan is the framework on which your financial future is based. Better the financial plan and the more robust the implementation, the better the output and the better the chances of meeting your life goals.

If you have understood what is a financial plan, that is just part of the job. The real job is to get down to the brass tacks.

Financial planning is not just a one-off activity. It is a summation of a number of different types of plans, which actually constitute the sub-plans of the overall financial plan.

Have you ever wondered as to what are the advantages of financial planning? There are a few things you can infer right away.

Remember the last time your young relative died in an accident and all of you had to fly immediately paying sky-high airfares.

A financial planner is a kind of friend, philosopher and guide who helps you meet your long term financial goals

Having understood the concept of financial planning and the process flow, let us come to the tools for financial planning.

The good thing is that a lot of investors, especially among the younger generation, are appreciating the importance of financial planning quite early.

You must have often wondered as to what is the need of financial planning for individuals. One common question is who needs financial planning? Does it apply to everyone or is it only for certain age groups or certain income and wealth categories.