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Guide to financial planning

FINANCIAL planning. If that word is a put off, don't let it be. It's the all important word in your money dictionary. Here, we simplify it for you.

August 04, 2011 / 10:55 AM IST

FINANCIAL planning. If that word is a put off, don't let it be. It's the all important word in your money dictionary. Here, we simplify it for you.


Step 1 - Put your finances in order
We spend more than half our lives working and saving, but hardly spend any time planning on how to put that hard-earned money to work more effectively. So, how do you plan your financial life?


Put your (financial) house in order
Financial planning starts with a review of your overall financial profile, and not at investing. Before rushing to build an investment portfolio, you need to address the following issues:

Insure your health, life and assets
Start by protecting your family

first published: Aug 4, 2011 10:36 am

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