Wise Financial Planning
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.