👉 6 Simple Steps to do Financial Planning When you start Earning
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1. Budgeting: Create your Monthly Budget
2. Emergency Fund: Build an emergency fund to cover unexpected expenses, typically equivalent to 3-6 months of living expenses.
3. Take Term Plan: Take sufficient Insurance Cover
4. Debt Management: Don’t take a loan until it is very important.
5. Start Investing 10% Every Month of your Salary!
6. Do take the advice of a Financial Advisor/ Financial Planner for customized Financial Planning.
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