Eye-opener

Your cover story on 'Financial Planning' was an eye-opener as a financial plan for me meant only making investments. Your story, however, made it clear that risk management and retirement planning are also a part of financial planning.
-Madhulika S

Editor Responds:Thank you for writing to us. Financial planning helps you prepare yourself to meet any unexpected financial crisis and fulfil your financial goals. It helps you to put your financial resources to better use. Hence, one should opt for financial planning, irrespective of their income level.