Multiple choice

When is the right time to start financial planning?

  1. Young age

  2. Middle age

  3. Advanced age

  4. First salary

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Financial planning should ideally start at the moment when one earns his first salary. There is no trigger as such that says when one should begin to plan. There is, however, an important principle that should guide us – the longer the time period of our investments, the more they will multiply.