"If you don't have a plan you're planning to fail"
Financial planning covers many different areas of one's financial well being both present and future.
I'm going to cover the basic elements of a well structured financial plan and will be discussing each element in detail on future posts.
The basic elements of a well structured plan are:
1. Income and Expenditure
2. Estate Planning
3. Individual Risk in case of death, disability and dread disease
4. Retirement Planning
5. Savings for children's education, holidays, plastic surgery and etc
As mentioned I will be discussing each point in detail and answering any questions you may have.
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