Understanding the Simply Simple Meaning of Financial Planning

_*Sunday ki Pathashala*_

_Knowledge is Power_

*_Financial Literacy Series_*

16-April-2023

*Understanding the Simply Simple Meaning of Financial Planning* 

*1)* There's a duel being fought out.

*2)* Between Inflation and Returns.

*3)* If inflation wins, then the game is over.

*4)* The whole idea of the game is to stay ahead of inflation for one's entire life. Because, if you give inflation one chance, it can conquer us.

*5)* Life's success is, to a very large extent, a function of winning this daily battle.

*6)* How inflation will be age, will it be more powerful or less powerful, we need to know all this.

*7)* At the same time, we also need to ensure that the investment instruments we choose are strong, muscular, and also agile to be able to stay ahead of inflation.

*8)* Inflation is invisible, and that makes the battles even more interesting.

*9)* To win such a battle is no child's play.

*10)* And therefore the Science of Financial Planning is just like any other Science like Physics, Maths etc...

*11)* If you choose to understand this and then master it, you will be able to nurture your money like you nurture your children.

*12)* If you choose to ignore this science, you will experience the power of disappearing money and disappearing dreams.

*13)* If you do not wish to take your time out to study this science, then you may simply read any simple book on financial planning to appreciate this science better.

*14)* Else simply hires the services of a professional who has clear knowledge of this Financial Planning Science.

Copied from fb wall of Shri Dharmendra Satapathy.

Mutual Fund investment are subject to Market Risk. *Consult Your Financial Advisor (Wealth Doctor) before Investing & Regularly for Portfolio Check up...*

_"Sunday Ki Pathashala"_ is initiative by: -

_*Hitesh R. Pujara.*_

_*Baroda BNP Paribas Mutual Fund*_

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