Understanding the Simply Simple Meaning of Financial Planning

_*Sunday ki Pathashala*_

_Knowledge is Power_

*_Financial Literacy Series_*

16-April-2023

*Understanding the Simply Simple Meaning of Financial Planning* 

*1)* There's a duel being fought out.

*2)* Between Inflation and Returns.

*3)* If inflation wins, then the game is over.

*4)* The whole idea of the game is to stay ahead of inflation for one's entire life. Because, if you give inflation one chance, it can conquer us.

*5)* Life's success is, to a very large extent, a function of winning this daily battle.

*6)* How inflation will be age, will it be more powerful or less powerful, we need to know all this.

*7)* At the same time, we also need to ensure that the investment instruments we choose are strong, muscular, and also agile to be able to stay ahead of inflation.

*8)* Inflation is invisible, and that makes the battles even more interesting.

*9)* To win such a battle is no child's play.

*10)* And therefore the Science of Financial Planning is just like any other Science like Physics, Maths etc...

*11)* If you choose to understand this and then master it, you will be able to nurture your money like you nurture your children.

*12)* If you choose to ignore this science, you will experience the power of disappearing money and disappearing dreams.

*13)* If you do not wish to take your time out to study this science, then you may simply read any simple book on financial planning to appreciate this science better.

*14)* Else simply hires the services of a professional who has clear knowledge of this Financial Planning Science.

Copied from fb wall of Shri Dharmendra Satapathy.


Mutual Fund investment are subject to Market Risk. *Consult Your Financial Advisor (Wealth Doctor) before Investing & Regularly for Portfolio Check up...*

_"Sunday Ki Pathashala"_ is initiative by: -
_*Hitesh R. Pujara.*_
_*Baroda BNP Paribas Mutual Fund*_
Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Investments New nomination rules, for the benefit of those who are not aware of this.

New nomination rules, for the benefit of those who are not aware of this.