Why is financial planning important?

Click on the link above to understand the ‘Importance of Financial Planning’

To answer this, let us look at the lives of Rekha and Radha.

Which of these women do you want to be like?

Pro Tip

You should differentiate between your needs and wants to plan your finances well. Spend on your needs first and avoid unnecessary expenses.

Check out the Retirement Planning guide to learn more about saving and investing options to safeguard your future

Points to Remember

Points to Remember

Let us recap what we have learnt.

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    Your financial habits affect all parts of your life

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    A planner will deal with an emergency more efficiently than a person who has no financial plan

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    Spend on your needs first and avoid unnecessary expenses

Quiz

Let's do an activity together before hopping to the next section

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