Question

When is the best time to start financial planning?

a.

Post retirement

b.

As soon as one gets his first salary

c.

After marriage

d.

Only after one gets rich

Answer: (b).As soon as one gets his first salary Explanation:The best time to start financial planning is as soon as one gets their first salary, which is option (b). Financial planning is not limited to a specific life stage or wealth status and should ideally begin early to benefit from a longer time period for investments. Starting early allows individuals to build a solid financial foundation and work towards achieving their financial goals.

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Q. When is the best time to start financial planning?

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