Financial planning helps you determine your short and long-term financial goals and create a balanced plan to meet those goals. The first step in developing your financial plan is to meet with an advisor.
If you work with a financial planner/advisor, you’ll be nudged to answer questions about your income, spending and goals. You may do it on your own if you are able to find the options and analyse them well, but this needs a proper understanding, expertise and time. Hence, it is always a better choice to appoint a financial advisor.
The investment advisor must be certified and registered with SEBI as per recent guidelines. So it is important to take the services of an authentic advisor only. The illustration above shows few powerful reasons why financial planning – with the help of an expert financial advisor – will get you where you want to be.
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