Yes ? No ?? or Dont Know may be the response , Right?
Some of you may feel that this question is important while some of you may feel this question is not important while some others may feel what is so big to discuss about it eventhough the answer is yes or no .
I would like to draw your attention to a simple hypothetical case .
(which usually happens in our financial life).
Assume there are two sailors AKASH AND PRAKASH.
AKASH is given a Ship loaded with all the food and medicines which shall last him for 5 years.
is asked to sail for 5 years but is not given any goal. AKASH directly enters the ocean .
PRAKASH is also given a ship loaded with all the food and medicines which shall last him for 5 years.
PRAKASH discusses the situation with experienced marine advisors,
decides where he should go,how much distance he shall cover in which direction in how much time and what he shall achieve by going in a particular direction,what are the possible risks of storms and the measures he may have to take to face them etc.
Who do you feel would be in a better position when they are back to the shore ?
Friends I am by no means suggesting that whether one should be like AKASH or PRAKASH ?
I only wish to leave a point to for you to ponder for yourself what
would be your way of sailing ? AKASH or PRAKASH.
If you are leading your life without having properly mentioned financial goals arent you
on for sailing the financial sea like AKASH where COVID like storms can damage your financial
journey and add so much stress to destabilise your personal life ?
If you wish to lead your life like PRAKASH ,then also storms shall be there
but you shall face them well prepared with better ammunition and come out as a winner and continue to lead your personal life happily.
What kind of Financial goals one have ?
Well we all have financial goals , only thing we are sometimes not aware or we neglect it as they are likely to occur on a far off point in our time period.
The goals can be
1] Emergency fund
2] Child education/marriage planning
3] Vacation planning
4] Wealth creation
5] Retirement planning
We at AUM Financial Consultants help you to properly formulate your goals and also offer you tailor made solutions to achieve them with proper tracking them at regular intervals.
You can also link your investments to your goals in our website
www.aumfinancialconsultants.com and track it your self online.
In case you wish to lead a well planned journey like PRAKASH , pl do get in touch with us by email at firstname.lastname@example.org.
We can meet over skype and discuss further OR click here to contact us