Financial planning is a systematic approach to achieving life goals by managing income, expenses, and investments. It encompasses various types such as tax, estate, retirement, and education funding planning, offering benefits like increased savings and peace of mind. The document emphasizes the importance of creating a financial plan early in life and introduces 'Recipe,' a DIY financial platform to help individuals manage their finances effectively.

2. Financial planning is a step-by-step approach to meet one’s life
goals. A financial plan acts as a guide as you go through life’s
journey. Essentially, it helps you be in control of your income,
expenses and investments such that you can manage your money
and achieve your goals.
What is Financial Planning?

3. Types of Financial Planning?
Tax Planning
Estate Planning
Retirement Planning
Philanthropic Planning
Education funding Planning
Investment Planning
Insurance Planning
Budgeting

4. Benefits of Financial Planning?
Increase your savings
Enjoy a better standard of living
Be prepared for emergencies
Attain peace of mind

5. Benjamin Franklin has rightly
said, “If you fail to plan, you
are planning to fail.” You may
have several different financial
goals you wish to achieve but to
reach them at the right point in
life; you need to have a financial
plan in place at a very young age.
Benjamin Franklin

7. Set yourself on the journey to perfect your financial
profile and achieve your goals with Recipe. And guess
what? With its phenomenal tools and calculators, you can
do it all by yourself! Like people love to call it… India’s
first progressive DIY financial platform. Go on and
discover for yourself.

8. Financial planning is a roadmap for your financial
journey such as buying a house, car, education for
children, wealth creation and so on. Plan & analyse your
personal finance with Recipe tools and find the best
suggestions.
About Financial Planning

9. Thank-You