According to Uma Shashikant in the Business Standard, there is a growing interest for financial literacy among young adults. This is the time to begin developing the right attitude toward money. It is about considering alternatives and making sensible choices. Making wrong choices with our money is not confined only to the young. But, learning to prioritize is essential to making the right choices and is best learned at a young age. Another thing to decide to do while still young is to save. To continue reading this article click here…..

Most people would answer yes to the question “Are you planning to succeed?”, incredulous that anyone would ever doubt what the answer would be. But, according to financial planners, few people actually map out a plan to arrive at their goal. Training for a marathon or striving for a degree is the same type of planning that is required for the creation of wealth, unless, of course, you happen to win a lottery, it normally does not happen by accident.

To read the entire article on financial planning, written by Wayne Beckford, senior manager for wealth management, click here.

What are your risks compared to your income?  Managing expenses is the next step.  Taking charge of the way you spend or allocate your money is the way you take financial control.  This needs to be done before saving.   What are four key elements you should consider while seeking financial control?  Read the original article at The Economic Times, here…..