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Journal of Emerging Technologies and Business Management

Article Title

Wise Financial Planning

Abstract

Financial planning is an important and emerging area. Financial Planning Standards Board (FPSB), India defines it as “....the process ofmeeting your life goals through the proper management of your finances. Life goals can include buying a house, savingfor your child's higher education or planning for retirement.... This case is based on a real life study of an individual, who has a defined set of goals, like Children education, Own House, Family Holidays, Post Retirement income etc. However, this is possible only through a . careful planning ofhis limited resources. This case study explores financialplanning ofan individual, who is trying to achieve life goals within limited resources.

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