Experts share key aspects of financial planning

Finway FSC’s founder, Rachit Chawla, CFP Poonam Rungta and CFP Surya Bhatia on various aspects and importance of financial planning. On goal-based investing, Rungta said that today almost everyone is aware of Goal-based investing. However, an individual’s financial want needs are two factors investors often get confused with. Goal-based investing is a very structure-based and scientific process. For investors, it is important to identify goals and lay a distinction between their needs and wants.

Various companies also offer credit scores apart from CIBIL. It is a three-digit score which tells you how much credible you are for paying your money on time that you have borrowed from banks,” Chawla said, on credit score and its importance.

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