Would you undertake a journey without knowing the destination?
Similarly, investing without a plan has little meaning. It is what you achieve through your investments that is important. Hence,
planning should come before investing. Our experience narrates that many people often have infinite financial goals with limited income.
They don't know where to start from for achieving these goals and which path to follow. While being ambitious is good, it is vital that you
know the path you're travelling to, for you to reach the desired destination.All of us have some dreams in life - be it buying a dream home,
a car, children's education, their marriage, travelling abroad for leisure, retirement, amongst host of others. In parlance to personal finance,
all these are financial goals; because after all, along with emotions they carry a monetary value.
You see, for your dreams to convert into reality there's no other alternative to effective planning.
With a structured plan, you are equipped to handle various factors such as surpluses, shortfalls and emergencies.
You understand how quickly or how likely are you to achieve your life goals such as your retirement, you gain control on your cash flows,
your earnings and expenses, and what level of risk would need to be taken to achieve all your goals.