February 12, 2025/
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Personal finance planning for individuals in India is crucial to ensure financial stability, wealth creation, and a secure future. A structured financial plan includes budgeting, saving, investing, tax planning, and risk management. Here’s a step-by-step guide to effective personal finance planning for salaried clients in India. 1. Budgeting & Expense Management Follow the 50-30-20 Rule: 50% of income for essential expenses (rent, food, utilities, EMIs, etc.). 30% for discretionary expenses (entertainment, travel,…
