The moment one is out of money, he may feel in deep trouble, and that is why financial planning is very much important. One can set short, medium and long term financial goals which can help him get money as and when needed. It may be used to pay off an old debt, plan a foreign trip, buy a home or even live a life with dignity after working for many years and now retired. The goals can be set on the grounds of reality as well as future needs of money.
Read More