When people hear the term, "Financial Planning", they often confuse it with investment planning, portfolio management or tax planning. Some are immediately put off, as they simply do not have time - consuming, in fact, most believe they should think of a financial plan once they have enough wealth. There are many such myths about financial planning and it's important to understand what financial planning really is.

This book takes the reader back to ground zero, explaining very simply several areas of personal finance such as cash flows and debt management, risk management and insurance planning, asset allocation and investing taxation and retirement and estate planning and how they all roll up into holistic aspect of life called financial planning.