Money does not grow on trees. It actually grows on other money- which is where we get the old saying "It takes money to make money". Money has an amazing ability to make more money. The good news is that it does not take much money to make this happen. Financial planning is a must for every individual. Financial planning goes beyond savings. It is an investment of a behavior. It is planning to save and spend future income. In India saving money has been an important priority. It is a country where the gross saving has been as high as 30%%%% of the GDP1. It would be safe to say that this country has the culture of saving first and spending later.
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