Financial planning

A comprehensive strategy designed to help individuals achieve specific financial goals and prepare for unexpected life challenges or events.

• wealth management

• budget

• financial plan

• insurance agent

“Put your money to work for you"

• investment

• budget

• financial plan

• gold

those things that you own

• expenses

• income

• assets

• liablities

Financial goals may include going to career planning, buying a home, paying off debt, and retiring.

• false

• true

Fiancial goals should be

• realstic

• measurable

• time lined

• all of above

Which investment among these do you suppose has consistently provided the highest long-term returns in India?

• equities

• real estate

• cash

• bond

SIP is a medium of investment for small investors who want to save regularly and want to get benefits of share investments without taking more risk.

• False

• True

• None of these

What is a document keeping track of how much you spend and earn every month called?

• spreadsheet

• budget

• balancesheet

• receipt

Saving is something you should do…

• Regularly and consistently

• Only when you have extra money

• Only when you’re an adult

• Only when there’s something you plan to buy

Financial planning is the key to achieving goals including retirement

• false

• true