Pve Wealth Creators - Investment Bytes

Dear Readers,

Pve Wealth Creators we are back on blog,  We are launching the series of blogs relating to financial planning and personal finances for individuals who wants to achieve their financial goals.

We will publish this series in the name of Pve wealth creators - investment bytes.

We address the following in the investment bytes series

1. What is financial planning
2. How to do financial planning
3. Why financial planning
4. Where to take help to do financial planning

Initially we will address the above topics and then move on to investments and investment related products.

What is Financial Planning?????

Before addressing the above question i would like clarify certain myths about financial planning.  The following are myths about financial planning.

1. Recording Income and expenses
2. Planning for taxes
3. Financial Planning is as same as investing
4. Financial planning is only for rich
5. Financial planning is an one time exercise
6. Financial planning is only for rich
7. Financial planning is all about retirement

If somebody things that above is financial planning then the answer is wrong.

Please follow me tomorrow to understand what is financial planning.