Every once in a while, all of us feel let down or demotivated in work. At such times, we look for inspiration or some valuable lessons from those around us and some even actively search for same over the internet. Having a constant source of inspiration and constantly learning and growing personally is what drives us to achieve more in life. However, life's valuable lessons can be found everywhere, even in some acts of people and in small things happening around us all the time. Thus, this month, we thought of taking a break from inspiring biographies and take look at small stories that are sure to touch our hearts and leave us with some valuable lessons to learn. Read on the stories and find your own life's lessons in each of them. 1. A dish of ice-cream. Once a shabbily clothed 12 year boy went to a small hotel and sat at the table. The waiter put a glass of water in front of him and asked for his order. “How much is the ice-cream with fruits?” “Rs.50” said the ...
Financial Planning Process Financial planning, especially at an early age can help to give your life focus and help you to achieve your goals in life. Financial planning gives you a set of tools to create wealth and build up a nest egg that you can use in case of emergency. Financial planning also gives you direction, direction you need to make informed decisions about investments so that you won't make any mistakes and you can reap the benefits for the rest of your life. The Financial Planning Standards Boards (FPSB) defines the financial planning process as consisting of the following six steps. We have just reproduced the exact process prescribed Establish and define the client-planner relationship: The financial planner should clearly explain and document the services that he or she will provide to clients and define both his/her and clients responsibilities during the financial planning engagement. The financial planner should explain fully how financial planner will...