Financial planning for an young individual earning ₹5 lakh per year4 min read 24 Dec 2021, 04:22 PM IST
Financial planning: Please review your goals and investments periodically and re-align if needed to achieve various financial goals, including retirement planning and insurance
Financial planning involves setting various financial goals in your life. In this article I will discuss how a young unmarried person of 25 years should plan for his financial planning. For understanding purpose I have presumed his monthly take home salary to be Rs. 40,000 per month or ₹ 5 lakhs annually.