| Financial planning | | | | their own future use, a millionaire once |
| | | | said, "I am glad I am worth at least 10% of |
| Everyone needs money for his or her | | | | what I earn". |
| sustenance, comfort and old age. Does the | | | | |
| hard earned money really used for this | | | | Better late than never, just sit with a |
| purpose? How many of us still try hard to | | | | planner and take stock of where you are now. |
| make ends meet just to fulfill every months | | | | Jot down your financial position as of today. |
| basic needs? When this is the case how can we | | | | Set long time and short time goals in life |
| save money from the meager income that we | | | | and set a imeline to achieve that goal in |
| get? How much is really too much money? How | | | | time. Then carefully think about how you can |
| can we grow or make optimal use of the | | | | achieve the goal and what you can do to go |
| finance that we normally handle? Questions | | | | where you want to go. Attitude is very |
| like this cloud our minds most often as we | | | | important in any major life changes that you |
| fail to manage our finances efficiently. | | | | might ncounter. Thus set your attitude as if |
| | | | you are planning a vacation. So you first |
| Who we are or how much we earn is of less | | | | decide the vacation spot, and then set out to |
| concern as long as we can manage and plan our | | | | make reservations, then packyour bag and then |
| finances wisely. A pauper can become rich and | | | | leave. |
| a rich man can suddenly lose his wealth if | | | | |
| his financial planning is improper. Usually | | | | Financial planning is just like your vacation |
| people blame their stars for their | | | | planning. First you should fix your target, |
| misfortune. They go in search of astrologers | | | | then make certain changes in your life style, |
| who will live out of them by changing their | | | | like cutting down your pizza or sacrificing |
| names and houses. They find solace in blaming | | | | your cigars, then pack up or wind up your |
| others be it God or stars for their backdrop. | | | | extra expenses and start the savings plan |
| Insecurity and thoughts of one's future might | | | | when that is dome just relax and enjoy the |
| lead to depression and frustration. | | | | fruits of your unparallel and diplomatic |
| | | | achievement. Your money will start growing |
| "Make hay while the sunshine's" as the | | | | and so will your self-esteem and |
| popular saying goes is the golden rule every | | | | self-confidence and finally you are efficient |
| human being should definitely follow. We earn | | | | and capable to finance your kids higher |
| to live happily with comforts but we forget | | | | studies or retire peacefully with the |
| to pay ourselves for all the hard work we put | | | | recurring income from the timely savings. |
| in. we pay for everything in this world, do | | | | |
| we pay ourselves for the service we do to our | | | | Financial planning provides the reassurance |
| family, nation and society. | | | | that your future in Canada and all around the |
| | | | world that secures you to live in the comfort |
| In the western countries they make it a habit | | | | as you would like. |
| to save 10% of their personal income for | | | | |