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Category: Financial Planning

Why personal Financial Planning is so much important for household?

Why personal Financial Planning is so much important for household?

The concept of personal financial planning is to some extent new in India. But in developed countries like USA, Great Britain, France etc, most of the individuals irrespective of income level consult with financial advisor before investment. Gradually it is gaining importance in our country also. What is personal Financial planning A personal financial planning is a process of evaluation of a household’s current and future financial state by using current known variable with the intention to predict future income…

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