Financial Planning

Financial Planning

I have gone through the special report on financial planning for beginners and I got an overview of the same but how does one make a financial plan with a lower income? How can one manage the finances and dedicate money towards all the components of a financial plan?
- Rama Joshi 

Editor Responds :Thank you for writing to us. If you have a lower income, you will have to delay some of your financial plans so that you can accumulate the required fund. Besides, if you start early and manage your finances efficiently, you can manage even with lower income.