Tag Archives: inflation

Planning For A Child: The Essentials

When it comes to planning for a child, there are 2 main components to consider: Protection Education Planning The insurance needs of children differ from that of adults simply because they are not working to earn an income and hence, have no responsibility towards supporting the family. On the other hand, parents could be thrown… Read More »

Mathematics of Financial Planning

Financial Planning involves the following calculations: A sum of the assets as well as liabilities of the client. The difference is the net worth of the client. A sum of the income less expenses of the client on an annual basis. This figure gives us the potential savings the client can make. Time value of… Read More »