Module 3:
Basics of Financial Planning
Mastering the process of financial planning will help you secure long-term financial stability and peace of mind. In this blog, we explore 5 easy steps for financial goal setting and why you must start preparing for retirement now.
Chapter 1: Basics of Goal Setting
Discover the power of financial goal setting and learn how significant and essential it is for everyone. Explore 5 simple steps to plan and achieve your financial goals effectively. Understand the importance of retirement planning and its benefits.
Chapter 2: Basics of Risk Profile
Understand the significance of knowing your risk profile in the world of investments. Explore the various factors and types of risk profiles to gain valuable insights into managing risk effectively.
Chapter 3: Basics of Long-Term Goals
Delve into the basics of long-term goals, where we learn how to define long-term financial goals in 5 easy steps. Understand the significance and strategies for achieving long-term goals with practical examples.
Chapter 4: Basics of Short-Term Goals
Delve into the basics of short-term goals and understand how they are important in achieving financial stability. Uncover the benefits of short-term goal planning and explore the diverse instruments available to make informed choices.
Chapter 5: What is Net Worth?
Dive into the basics of net worth and grasp its significance in assessing your financial health. Explore how to calculate net worth, understand its importance, and discover strategies to increase it.