- One of most common situation is we are busy in routine time bounded schedules.
- Generally it is observed that during routine work, an Individual focuses too much on short term goals, depending on his age and neglects/not able to visualize long-term goals till an Individual’s life expectancy.
- The need of hour is that an Individual needs to pause for a moment and realise professional, personal family goals like Self-development, Promotions, Buying car, Buying house, Planning for Kid1 and or Kid 2, then there is spiral commitment for kids education, kids marriage and MOST IMPORTANTLY an Individual’s RETIREMENT planning and creating wealth.
- As age progresses, my earnings will grow along with increase in commitments, expenses and risk of health.
- To put above situations in perspective
Life stage planning
Managing Personal Finances
The ICSI has issued new secretarial standards which …