Personal Finance

Personal Finance or Financial planning for self encompasses savings, investment planning, insurance planning, tax planning, and retirement planning. All these aspects when managed well with financial education, leads to financial freedom. 

Savings helps us to keep our money aside, but that is not enough as money needs to grow to achieve our financial goals. Investment planning involves strategizing asset allocation considering our risk appetite and expected returns, and our financial goals.

Retirement is one of the crucial goals of life and retirement planning is to ensure that we can maintain our lifestyle and fulfill our financial needs even as we transition from wealth accumulation to the spending phase of our life.