You need to know your goal in the first place to achieve it. In order to reach your financial objectives you must plan. Major financial decisions like Owning a home, funding children's education, retirement are very important aspects of your financial plan.

Financial planning is beyond saving and investing. Many of us get confused between financial planning and saving or investing. The sooner you understand the role of financial planning in meeting your short, medium and long-term financial aspirations, the better you’ll be able to control your financial destiny.