Saving and Budgeting

What is Financial Planning? Definition for a Business, Individual with Examples

Wikipedia of Finance - e-learning course on Financial Planning Wikipedia Chapter - What is Financial Planning? Definition, Benefits and Importance

Financial Planning Definition: Financial planning defines as the process of evaluating an individual’s current financial status and coming up with an effective strategy to meet the life goals. These life goals vary from an individual to another. In order to accomplish these goals, it is important for an individual to follow a series of specific […]

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Personal Financial Assessment Evaluation and Monitoring Techniques

Wikipedia of Finance - e-learning course on Financial Planning Wikipedia Chapter - Personal Financial Assessment Evaluation and Monitoring Techniques

In any scenario how can one think of winning the battle of personal finance management? It is not the thing of a day or a month or even a year, this is the thing of everyday, throughout the life. Next comes is the long phase of personal financial assessment evaluation and monitoring. It’s an ongoing

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Wealth Creation Definition, Strategies, Ideas and Tips

Wikipedia of Finance - e-learning course on Financial Planning Wikipedia Chapter - Wealth Creation Definition, Strategies, Ideas and Tips

Wealth Creation Definition: Wealth creation means anything which could be owned and controlled, and have monitory value or have the potential to create the monitory value. Assets could be tangible like a car, house, furniture, machinery etc. or intangible like goodwill, copyrights, patents, trademarks etc. For a company, the land, the building, machinery, inventory etc.

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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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