FINANCIAL ADVISOR

In 1820, the British scientist William Thomson (later known as Lord Kelvin) made a momentous call that revolutionized the field of electricity: The first call was to a magnetic needle: Thomson was experimenting with static electricity and discovered that when a current flowed through a wire, it deflected a magnetic needle. This phenomenon, known as […]

Financial literacy is the degree to which an individual has the knowledge, skills, and tools necessary to make informed financial decisions. It includes understanding financial products, services, and markets, as well as the ability to manage money effectively. Key components of financial literacy: 1. Knowledge:– Understanding basic financial concepts such as budgeting, savings, investing, and […]

Human Life Approach The human life approach is a philosophy that emphasizes the importance of human beings in understanding the universe. It posits that human life is the center of reality and that our experiences, perspectives, and well-being are the most fundamentally important factors in existence. Key Principles: Human Centrism: Human beings are the primary […]

Financial Planning Financial planning is a comprehensive process that involves identifying, assessing, and managing an individual’s financial resources to achieve specific goals. It encompasses a wide range of topics, including: Key Components of Financial Planning: 1. Financial Assessment:– Reviewing income, expenses, assets, liabilities, and other financial data.- Assessing current financial standing and identifying areas for […]

A personal financial advisor is a financial professional who provides financial planning services to individuals. These services include: Key Responsibilities: Developing financial plans: This involves analyzing an individual’s current financial situation, goals, and risk tolerance to create a customized plan for managing their money. Implementing financial strategies: Once a plan is developed, the advisor implements […]

The Office of the Comptroller and Auditor General (CAG) of India is a Supreme Audit Institution (SAI) responsible for auditing the accounts of the Indian government and various public sector undertakings. The Comptroller and Auditor General (CAG) of India is the apex audit body in the country. Key responsibilities: Auditing the accounts of the government: […]