Sejal Shah

What is Debt Management? Definition, Strategies, Plans with Examples

Wikipedia of Finance - e-learning course on Financial Planning Wikipedia Chapter - What is Debt Management Definition, Strategies, Plans with Examples

Debt Management Definition: A debt management is a contractual agreement between two parties (debtor and creditor) to safeguard their own interest. In simple words, terms and conditions defined by lender to the debtor to repay outstanding debts with pre-defined interest rate and duration of repayment. Probably, this is the most important lesson one has to […]

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Types of Insurance offered by Insurance Companies

Wikipedia of Finance - e-learning course on Financial Planning Wikipedia Chapter - Types of Insurance Offered by Insurance Companies

When it comes to personal finance, the topic just cannot be complete without discussion on insurance. We all know that no buddy knows the future. No one can just tell if someone will be living tomorrow (next day) or not. This is such a high uncertainty. In India, there is either one person earning bread

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Wealth Management and Private Wealth Management – Definition, Types, Examples

Wikipedia of Finance - Wealth Management and Private Wealth Management Definition, Types, Examples

Investment management, tax planning, estate planning, retirement planning, and risk management are all included in the intricate process of wealth managing. In order to deliver individualized solutions based on each client’s unique goals, risk tolerance, and time horizons, it integrates several financial disciplines. Through proactive management and intelligent asset allocation, wealth managers seek to enhance

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Difference, Relationship, Importance of Savings and Investment in Personal Finance

Wikipedia of Finance - e-learning course on Financial Planning Wikipedia Chapter - Difference, Relationship, Importance of Savings and Investment in Personal Finance

While dealing with personal finance, setting goals are probably the most important step. And in order to achieve those goals, saving and investment play the biggest role. Savings means keeping money aside for future use. Investing means putting money or buying some assets in expectation that money will grow with the time. Here the intention

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Goals of Financial Management

Goals of Financial Management-Financial Management Goals- Wikipedia of Finance-Wiki-Finance-Pedia

Once assessment is done and all the current financial facts are on the table, then one can start making plans. In order to give plans a direction; there is the utmost importance of setting goals. Working without a goal is like walking / travelling without having a destination. So, setting goals of financial management is

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