Financial Planning

We all have goals in life that we might wish to achieve, most of goals are predictable-like children education, a home, vacations, comfortable retirement etc. We spend our waking hours, working for a living. We feel satisfied when we are able to provide the conveniences to our family. However, our goals keep moving up, up & away. The shifting goal posts of life ensures that we are constantly on the treadmill, working some more to earn more. This endless pursuit of material goals tires us out. Some of those goals make us stretch ourselves to the fullest and add stress & anxiety instead of a sense of purpose and to achieve them. That is why even many acknowledged high fliers are not happy with their lives, even though they are respected, are earning quite well and have more than taken care of all their family needs.

That is because the really important things in life have been relegated to the background while we sleepwalk through life without truly living our life. Hence, many actually feel an emptiness in life, a feeling of being chained & seriously lacking in vigour as we are not doing those things we truly cherish.

If we discover those things that may truly inspire us, empower our spirit, fill our hearts with happiness & help us experience a tremendous sense of freedom - how wouldn't it be? Needless to say, it will be transforming. Having discovered those things that might transform our lives, who would want an ordinary life of plodding & drudgery? But is it possible to measure such a life? What about the financial goals that we as a family have?

The life that we would like for ourselves are often decided by us. That would include financial goals as well. One needs to ponder over the sort of life they would want to create for themselves. Based on this, a financial plan would be created to help one live a life that’s energising, elevating & blissful. This whole exercise is called Financial Life Planning.

This may look esoteric, idealistic & philosophical at first glance. Many have accepted that life is a zero-sum game – when we go after money one needs to be prepared for an uphill climb, filled with agonising work, onerous responsibilities & attendant stresses. Many even sacrifice their ideals at the altar of financial gains & material comforts. But, life need not be that way in the slightest degree – unless we want it that way