Financial Planning is a structured process of creating a financial plan, executing the strategies , reviewing and monitoring the progress of the plan so that desired financial objectives are achieved.
A typical financial planning exercise is aimed at creating a disciplined approach towards handling personal finance.
Each one of us strives to lead a Financially successful life. The art of investing money wisely is as important as generating income. But due to lack of proper understanding or available advice there seems to be a gap between the desired goals and investments made. Most Often the investments are skewed towards a particular asset class, for example Real Estate.
Financial Planning helps you to clear the above anomaly and provides you a neutral view of current state of affairs.