Retirement planning is an essential element of financial planning. Lack of social security, disintegrating family support, the rise in living age and rise in medical or health related cost are the primary reason a person should immediately check his retirement sustaining ability.
This is part 2 of the Series – Create Wealth – A DIY (Do-it-yourself) way. In this Part 2, we shall focus on taking it forward and get to know more pillars of Wealth Creation. This time, we cover Budgeting. Budgeting is important because it takes you to Savings. So, with a budget, you can know your saving potential.