Life is a myriad canvas of many different goals, aspirations and dreams. For most people, money is the catalyst for change; the medium that allows them an opportunity to turn dreams into reality; to fulfill several latent desires; to enhance and develop the space in one's life and to bring happiness to people who matter. Financial Planning is the tool, which actually allows a smooth transition from youthful exuberance to mature thought, easing gently into effective money management.

Unless you were born with a silver spoon and your wealth allows you to indulge in every excess you can think of, you are a common man like most of us and like every common man, you need financial discipline and you need financial planning. To start with, you need to understand the reason for financial planning: its contours, its need and its delivery.No matter what our individual economic status is the truth is that all of us have desires, goals and aspirations. Some of us are fortunate to have the benefit of an inheritance or the largesse from a distant relative to fulfil every such need. A majority of the masses, however, are less fortunate. For the truly middle income man the need to provide for future known events - education, wedding/s, retirement et al - is predetermined.