Work

A Study on Benefits of Financial Planning of an Individual

Year: 2024

Type: article

Abstract: this research examines the role of financial planning in promoting financial stability and success among individuals. Using a mixed-methods approach, this study finds that financial planning is positively associated with increased savings, wise investment decisions, and reduced debt. The results highlight the significance of financial planning in enhancing financial resilience and achieving long-term financial goals. This study investigates the benefits of financial planning for individuals, examining its impact on investment decisions, savings, and overall well-being. Keywords— promoting financial stability, investment decision, financial planning.

Source: INTERANTIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT

DOI: 10.55041/ijsrem37926

Author: PRAVEEN KUMAR M

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

OpenAlex ID: W4403475154

FWCI: 1.019

Cites:

Cited by: 1

Related to: 10