Financial planning allows controlling the flow of funds.

Also helps in setting short term goals

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Benefits of Financial Planning Increased savings, better living, emergency preparedness, peace of mind

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Retirement planning can help avoid financial uncertainty

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Removes difficulties in child's education

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Life insurance plans can save salary from income tax

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Tax exemption on death benefits received by the nominee

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The first step in making a financial plan is to determine the financial position.

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Good investment can serve as an asset in future

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