What is Financial Planning ?

Financial Planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a house, saving for your child's higher education or planning for retirement.

Financial Planning process includes six steps

  • Gathering relevant financial information.
  • Setting Life goals.
  • Determining your current financial situation keeping consideration your income, expenses, savings and debts.
  • Developing a financial plan to meet your goals.
  • Implement the plan.
  • Monitoring the plan.

Need of Financial Planning

  • Financial planning offers a coordinated and comprehensive approach to helping you achieve your personal and reasonable financial goals.
  • Financial Planning provide financial security to one’s family.

Benefits of Financial Planning

  • Financial Planning provides direction and meaning to your financial decisions.
  • It allows you to understand how each financial decision you make affects other areas of your finances. For example, buying a particular investment product might help you pay off your mortgage faster or it might delay your retirement significantly.
  • By viewing each financial decision as part of a whole, you can consider its short and long-term effects on your life goals.
  • You can also adapt more easily to life changes and feel more secure that your goals are on track.

Selecting an appropriate investments is simply one ingredient in the recipe for an effective financial plan. An experienced financial planning team will help you to:

  • Identify your goals.
  • Understand your current financial situation.
  • Develop a plan that addresses your goals with your risk tolerance in mind.
  • Implement and Monitor the Financial plan.


Kalpajit Investments Private Limited
(Formerly known as Kalpana Investments)

B-1 Dream Presidency,
Near P E School,
Vidya Nagari Jail Road,
Nashik Road,
Nashik- 422101.

Mobile No.:- +91 8888896454

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