You are here: Rediff Home » India » Get Ahead » Money
Search: The Web
  Email  |      Discuss  |   Get latest news on your desktop


A simple guide to financial planning

November 18, 2008
Planning, executing/implementing and monitoring are three keys to success. The same is true for your finances as well -- hence the relevance of financial planning.

Rajiv, aged 24, is working as a team leader with a Bangalore-based BPO, a great achievement indeed at such a young age. But what really amazed me was he walked into my office with a view to initiate financial planning! Not many young people show such kind of urgency towards planning for their future at such a young age. "So how does one get started?" was his straight forward question.

An important aspect to note is he has already taken the first step: understanding the importance of financial planning is the first step.

Text: Anil Rego. A CFA-PGDBA, Anil is the founder & CEO of Right Horizons, an end-to-end investment advisory and wealth management firm.

Illustrations: Dominic Xavier

Also see: Young Investor: Importance of Asset Allocation

© 2008 India Limited. All Rights Reserved.Disclaimer | Feedback