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What is goal-based financial planning?

09 Mar, 2020

Saving More, Worrying Less

Do you find it hard to save money? Is the question ‘What is the easiest way to save money’ always on your mind? Most of us find financial planning challenging. Several people associate financial planning with saying no to a good lifestyle or quality living. But that doesn’t have to be the case. Personal financial planning is all about identifying your needs, wants and striking a balance between the two. Financial goals ensure an organised approach to regular expenses. But, they can also help factor in the holiday you may have wanted to go on for a long time. More importantly, financial planning and analysis can help reduce any stress connected to saving money. Here are six simple ways to help you go about your personal financial planning.