We all have dreams, aspirations, goals etc in our life. We have a long wishlist which we want to fulfill, but rather than working on it, we just keep on enlarging it. There are various reasons for it.
One of the main reasons is procrastination. We keep on shifting it for a later period of time in our life. That time which eventually never comes. We keep on compromising the things which we really need in our life to be happy, for the things which will become meaningless after a certain point of time. For example, my uncle and aunt always wanted to go for a world tour since the day they got married. They planned it for their 10th marriage anniversary. But after marriage, they got so much engrossed in their career, kids and other responsibilities that eventually they have to postpone the plan to their 25th marriage anniversary. Time flies by and world tour still remained a distant dream for them. Recently, the couple celebrated their 40th marriage anniversary. When asked about their experiences in life, the only thing both of them regretted was an unfulfilled dream. When they were young they did not have the time or the money for it. And now they have all the time and money but the age is not on their side.
Its the case with most of us.We tend to forget the value of time. We just take it for granted until we run out of it. And by the time we realize our mistake, its too late.
Another reason for it is lack of proper planning. If they would have considered their financial responsibilities and goals in an early stage of life and planned for it accordingly, the scenario today might have been something different.
Planning is an essential part of anyone's life, whether it is professional, personal or financial. Usually we tend to focus on our professional and personal well being and most of the time neglect the financial aspect of it. Financial planning does not only means saving. It involves setting up of goals and charting out a road map towards its fulfillment. Selecting the right set of products and services and following the path in a disciplined way. It requires timely monitoring and reviewing to exhibit any changes happened in our internal or external environment. And the early we start, the better it is.
Below is a tool to create a personalized video for yourself based on your dreams and aspirations.
http://www.dilkeameer.idfcmf.
Its a tool designed by IDFC MF to emphasize on planning to achieve your dreams. DIL KE AMEER is a wonderful concept and will not take more than five minutes of your time. Its one of the ways to make you realize the importance of financial planning in your life. So do try it yourself. Happy Planning!!!
