7 Steps To Refresh Your Finances In The New FY

Setting goals and then making your money work to achieve them can be a gamechanger for your financial life

- K S RAO

K S RAO, Executive Vice President & Head – Investor Education & Distribution Development, Aditya Birla Sunlife AMC Ltd

While there is no good time to set money milestones and revisit the investment portfolio, the start of the new financial year provides an opportunity to do so. We give you a list of seven financial to-dos which will ensure your financial journey is smooth and you are able to realise your dreams.

TAKE A FINANCIAL SELFIE

First things first: you need to know where you stand before you can leap. Self-assessment or taking a financial selfie can help you embark on this new journey. Examine your income, debts, savings—everything down to those sneaky subscriptions that nibble at your funds. Knowledge is power, and your current financial portrait is the ultimate tool to help you plan your masterpiece. Please do visit our website to take a smart financial selfie (https://mutualfund.adityabirlacapital. com/investor-education/smartselfie)

DEFINE YOUR GOALS