Financial Planning

INVOLVE ENTIRE FAMILY IN FINANCIAL PLANNING: 6 SIMPLE STEPS FOR WEALTH CREATION Money is not a topic most households tend to discuss, yet it is a topic which draws down most of our family goals. Getting your family finances in order can be a daunting prospect, but by breaking down the process, setting yourself certain goals and being disciplined, it doesn’t have to be. By making a financial plan you can get you and your family on the right path, no matter what your goal is. Below are six easy steps to get around it. Everyone sticks to the budget Just about every family member has a budget, the homemaker has a household budget and kids have their pocket money. The easiest way to save is to ensure every member stays on budget. In other words, overshooting the budget is a strict no-no. In fact, members must be encouraged to save a little from the budget every month and set it aside in a mutual fund or saving account. When the spirit of savings is inculcated earlier on, particularly in the young, it gives a big push to the family’s finances. Use technology Read Full article at http://starhealthdevarajan.com/news/703 www.starhealthdevarajan.com https://www.facebook.com/mediclaimagent/