Financial Dswiscipline

DISCIPLINE IN FINANCIAL PLANNING CAN HELP BATTLE ECONOMIC INSTABILITY A goal without an action plan is a wish. We all have goals and aspirations for various aspects of our life. While the possibility of us achieving our goals is a function of many factors, the likelihood of getting closer to it increases with planning. And planning is an intricate process. The effectiveness of these plans depends on our deep-rooted beliefs that tie back into our experiences in life. The makers of the famed ship, Titanic, had never accounted for the ship to ever hit a big iceberg – as such an instance had never taken place at that scale. Often, the quest for a good future, makes us overlook certain risks which the process and the discipline of "planning" will assist us in. INSURING AN ASPIRATIONAL CLASS Globalisation's impact has transformed not only our economy, but also our lifestyles. Today propelling the consumer-driven economy, millennials are the economy's chief earners and spenders, allocating as high as 65% of incremental income on entertainment, eating out, apparel, accessories and electronics. In such a scenario, to battle the possibility of economic instability, life insurance is the one of the viable ways of building financial certainty. It can protect households from the possibility of the passing away of the primary breadwinner and, enabling millennials and next-generation earners to transition to adulthood without disruption in their lifestyles. Read full artcile with http://starhealthdevarajan.com/news/730 for Insurance related services Call 98401 77017 Devarajan