Questions: a) What are some of the financial decisions Rajshree will probably have to make as a fresh graduate? b) What are the advantages of starting early on her financial plans?
Rajshree has graduated from college and is starting her career. She has heard about the importance of financial planning in one of the lectures which were held in her college. She wants to make sure that she develops a plan for financial success.
Her goals are to be able to retire at 45 years and live comfortably on her savings. Rajshree is 22 years old and believes that if she makes the right financial decisions now, she will be more likely to meet her financial goals. Rajshree has seen many people retire without enough savings to support themselves and does not want this to happen to her.
Questions:
a) What are some of the financial decisions Rajshree will probably have to make as a fresh graduate?
b) What are the advantages of starting early on her financial plans?
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