India, May 22 -- Planning your finances is one of the first steps toward a stable future. Many people earn and save, but not everyone has a clear plan to manage their savings properly. Setting goals helps you stay focused and provides direction toward achieving specific financial objectives. An investment plan helps you manage your savings efficiently. It helps you organise and plan for both short-term and long-term needs. This article explains how to set financial goals with an investment plan.

The first step in investment planning is to decide what you want to achieve financially. Some goals may be short-term, like buying a gadget, while others may be long-term, like retirement. Clear goals help you create an investment plan that align...